Envestnet Asset Management Inc. Has $5.59 Million Stock Holdings in Simplify Enhanced Income ETF $HIGH

Envestnet Asset Management Inc. grew its stake in Simplify Enhanced Income ETF (NYSEARCA:HIGH) by 10.5% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 242,057 shares of the company’s stock after purchasing an additional 22,996 shares during the quarter. Envestnet Asset Management Inc. owned approximately 3.03% of Simplify Enhanced Income ETF worth $5,589,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. AE Wealth Management LLC grew its holdings in Simplify Enhanced Income ETF by 33.6% during the 2nd quarter. AE Wealth Management LLC now owns 828,157 shares of the company’s stock valued at $20,066,000 after buying an additional 208,057 shares in the last quarter. Decker Retirement Planning Inc. grew its position in Simplify Enhanced Income ETF by 174.9% in the second quarter. Decker Retirement Planning Inc. now owns 26,835 shares of the company’s stock worth $650,000 after acquiring an additional 17,073 shares in the last quarter. Blackston Financial Advisory Group LLC bought a new position in shares of Simplify Enhanced Income ETF during the 2nd quarter valued at about $624,000. Whipplewood Advisors LLC lifted its holdings in shares of Simplify Enhanced Income ETF by 31.7% in the 2nd quarter. Whipplewood Advisors LLC now owns 6,535 shares of the company’s stock worth $158,000 after acquiring an additional 1,574 shares during the last quarter. Finally, FSA Advisors Inc. increased its holdings in shares of Simplify Enhanced Income ETF by 119.5% in the second quarter. FSA Advisors Inc. now owns 88,640 shares of the company’s stock worth $2,148,000 after buying an additional 48,261 shares during the period.

Simplify Enhanced Income ETF Stock Performance

Shares of Simplify Enhanced Income ETF stock opened at $21.86 on Friday. Simplify Enhanced Income ETF has a 52-week low of $20.98 and a 52-week high of $25.15. The company’s 50 day moving average price is $22.22 and its 200-day moving average price is $22.78.

Simplify Enhanced Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, January 30th. Shareholders of record on Tuesday, January 27th were paid a dividend of $0.12 per share. This represents a c) annualized dividend and a yield of 6.6%. The ex-dividend date of this dividend was Tuesday, January 27th.

Simplify Enhanced Income ETF Company 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.