Beacon Capital Management LLC Invests $6.51 Million in Simplify Aggregate Bond ETF $AGGH

Beacon Capital Management LLC bought a new stake in shares of Simplify Aggregate Bond ETF (NYSEARCA:AGGH) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 314,179 shares of the company’s stock, valued at approximately $6,507,000. Simplify Aggregate Bond ETF makes up about 0.9% of Beacon Capital Management LLC’s investment portfolio, making the stock its 19th largest holding. Beacon Capital Management LLC owned approximately 2.21% of Simplify Aggregate Bond ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Farther Finance Advisors LLC purchased a new stake in Simplify Aggregate Bond ETF in the third quarter worth about $50,000. Guerra Advisors Inc bought a new position in shares of Simplify Aggregate Bond ETF in the 3rd quarter worth approximately $158,000. Atria Wealth Solutions Inc. lifted its stake in shares of Simplify Aggregate Bond ETF by 12.5% in the 2nd quarter. Atria Wealth Solutions Inc. now owns 12,150 shares of the company’s stock valued at $251,000 after purchasing an additional 1,354 shares during the period. Foundations Investment Advisors LLC bought a new stake in shares of Simplify Aggregate Bond ETF during the third quarter valued at approximately $264,000. Finally, Evolution Wealth Management Inc. bought a new stake in shares of Simplify Aggregate Bond ETF during the second quarter valued at approximately $288,000.

Simplify Aggregate Bond ETF Trading Up 0.3%

AGGH opened at $20.92 on Tuesday. The stock has a fifty day simple moving average of $20.78 and a two-hundred day simple moving average of $20.78. Simplify Aggregate Bond ETF has a 12-month low of $19.41 and a 12-month high of $21.63.

Simplify Aggregate Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, January 30th. Investors of record on Tuesday, January 27th were given a dividend of $0.13 per share. This represents a c) dividend on an annualized basis and a yield of 7.5%. The ex-dividend date of this dividend was Tuesday, January 27th.

Simplify Aggregate Bond ETF Company Profile

The Simplify Aggregate Bond PLUS Credit Hedge ETF (AGGH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is a fund-of-funds that seeks total return by providing exposure to US investment-grade bonds combined with several credit hedging strategies. The fund is actively managed. AGGH was launched on Feb 14, 2022 and is managed by Simplify.