Simplify Stable Income ETF (NYSEARCA:BUCK) Shares Purchased by Simplify Asset Management Inc.

Simplify Asset Management Inc. boosted its position in shares of Simplify Stable Income ETF (NYSEARCA:BUCK) by 38.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,448,579 shares of the company’s stock after purchasing an additional 1,232,481 shares during the quarter. Simplify Stable Income ETF accounts for about 5.1% of Simplify Asset Management Inc.’s investment portfolio, making the stock its 4th biggest holding. Simplify Asset Management Inc. owned about 83.15% of Simplify Stable Income ETF worth $109,346,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Lloyd Advisory Services LLC. boosted its holdings in shares of Simplify Stable Income ETF by 1.1% in the third quarter. Lloyd Advisory Services LLC. now owns 71,123 shares of the company’s stock valued at $1,748,000 after buying an additional 742 shares during the period. ORG Wealth Partners LLC acquired a new position in shares of Simplify Stable Income ETF in the third quarter valued at approximately $37,000. Farther Finance Advisors LLC acquired a new position in shares of Simplify Stable Income ETF in the third quarter valued at approximately $75,000. B. Riley Wealth Advisors Inc. boosted its holdings in shares of Simplify Stable Income ETF by 39.0% in the first quarter. B. Riley Wealth Advisors Inc. now owns 18,644 shares of the company’s stock valued at $468,000 after buying an additional 5,230 shares during the period. Finally, Elevated Capital Advisors LLC boosted its holdings in shares of Simplify Stable Income ETF by 52.7% in the third quarter. Elevated Capital Advisors LLC now owns 18,356 shares of the company’s stock valued at $451,000 after buying an additional 6,332 shares during the period.

Simplify Stable Income ETF Price Performance

Shares of Simplify Stable Income ETF stock remained flat at $24.63 on Friday. 4,767 shares of the stock traded hands, compared to its average volume of 62,740. Simplify Stable Income ETF has a 12 month low of $24.28 and a 12 month high of $25.52. The company has a fifty day simple moving average of $24.59 and a 200-day simple moving average of $24.65.

Simplify Stable Income ETF Profile

The Simplify Stable Income ETF (BUCK) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide monthly income by holding a short-term portfolio of income-producing US Treasurys and utilizing an option spread writing strategy. BUCK was launched on Oct 27, 2022 and is managed by Simplify.