CreativeOne Wealth LLC Makes New $384,000 Investment in Simplify High Yield ETF $CDX

CreativeOne Wealth LLC purchased a new stake in Simplify High Yield ETF (NYSEARCA:CDX) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 16,465 shares of the company’s stock, valued at approximately $384,000. CreativeOne Wealth LLC owned about 0.13% of Simplify High Yield ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of CDX. Beacon Capital Management LLC bought a new stake in shares of Simplify High Yield ETF in the 2nd quarter valued at about $41,000. TD Waterhouse Canada Inc. acquired a new position in Simplify High Yield ETF during the second quarter worth approximately $44,000. PNC Financial Services Group Inc. bought a new stake in Simplify High Yield ETF in the second quarter valued at approximately $49,000. Ameritas Advisory Services LLC bought a new stake in Simplify High Yield ETF in the second quarter valued at approximately $53,000. Finally, Belpointe Asset Management LLC acquired a new stake in shares of Simplify High Yield ETF in the second quarter valued at approximately $223,000.

Simplify High Yield ETF Trading Down 0.0%

CDX stock opened at $22.56 on Friday. Simplify High Yield ETF has a 1-year low of $21.57 and a 1-year high of $24.89. The business’s 50 day simple moving average is $22.76 and its 200 day simple moving average is $22.94. The firm has a market capitalization of $410.59 million, a PE ratio of 11.17 and a beta of 0.33.

About Simplify High Yield ETF

The Simplify High Yield PLUS Credit Hedge ETF (CDX) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is a fund-of-funds that invests in US high-yield bond ETFs with different maturities. It also provides a credit hedge overlay, which may contain S&P 500 Index (SPX) puts.