Simplify Enhanced Income ETF (NYSEARCA:HIGH) Shares Sold by LPL Financial LLC

LPL Financial LLC lowered its holdings in Simplify Enhanced Income ETF (NYSEARCA:HIGH) by 18.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 360,365 shares of the company’s stock after selling 78,976 shares during the period. LPL Financial LLC owned about 2.12% of Simplify Enhanced Income ETF worth $8,296,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Commonwealth Equity Services LLC raised its stake in shares of Simplify Enhanced Income ETF by 58.6% in the 4th quarter. Commonwealth Equity Services LLC now owns 86,867 shares of the company’s stock valued at $2,000,000 after purchasing an additional 32,086 shares in the last quarter. HighTower Advisors LLC raised its stake in Simplify Enhanced Income ETF by 5.8% during the third quarter. HighTower Advisors LLC now owns 33,239 shares of the company’s stock valued at $778,000 after buying an additional 1,823 shares in the last quarter. Geneos Wealth Management Inc. bought a new position in Simplify Enhanced Income ETF during the 4th quarter worth approximately $88,000. Whipplewood Advisors LLC acquired a new position in shares of Simplify Enhanced Income ETF in the 4th quarter worth approximately $241,000. Finally, Steward Partners Investment Advisory LLC increased its holdings in shares of Simplify Enhanced Income ETF by 124.9% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 57,060 shares of the company’s stock valued at $1,314,000 after acquiring an additional 31,686 shares during the last quarter.

Simplify Enhanced Income ETF Stock Performance

Shares of HIGH opened at $22.03 on Friday. Simplify Enhanced Income ETF has a 12-month low of $20.98 and a 12-month high of $24.57. The business’s fifty day moving average price is $22.63 and its 200 day moving average price is $23.16.

Simplify Enhanced Income ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, March 31st. Shareholders of record on Wednesday, March 26th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, March 26th.

Simplify Enhanced Income ETF Profile

The Simplify Enhanced Income ETF (HIGH) 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. HIGH was launched on Oct 27, 2022 and is managed by Simplify.