Greenberg Financial Group Makes New Investment in Simplify Volatility Premium ETF $SVOL

Greenberg Financial Group bought a new position in Simplify Volatility Premium ETF (NYSEARCA:SVOL) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 56,080 shares of the company’s stock, valued at approximately $985,000. Greenberg Financial Group owned approximately 0.16% of Simplify Volatility Premium ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of SVOL. Root Financial Partners LLC acquired a new position in Simplify Volatility Premium ETF in the 3rd quarter worth about $50,000. Farther Finance Advisors LLC increased its holdings in Simplify Volatility Premium ETF by 51.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 3,399 shares of the company’s stock worth $61,000 after purchasing an additional 1,155 shares in the last quarter. Advisor OS LLC acquired a new position in Simplify Volatility Premium ETF in the 3rd quarter worth about $181,000. Koshinski Asset Management Inc. acquired a new position in Simplify Volatility Premium ETF in the 3rd quarter worth about $181,000. Finally, Wealthcare Advisory Partners LLC acquired a new position in Simplify Volatility Premium ETF in the 3rd quarter worth about $270,000.

Simplify Volatility Premium ETF Stock Up 1.7%

Shares of SVOL opened at $15.74 on Thursday. Simplify Volatility Premium ETF has a 12-month low of $13.95 and a 12-month high of $20.06. The business has a 50-day simple moving average of $16.38 and a two-hundred day simple moving average of $17.22. The stock has a market cap of $595.76 million, a PE ratio of 25.19 and a beta of 0.66.

Simplify Volatility Premium ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Tuesday, February 24th were issued a $0.30 dividend. This represents a c) dividend on an annualized basis and a yield of 22.9%. The ex-dividend date of this dividend was Tuesday, February 24th.

Simplify Volatility Premium ETF Company Profile

The Simplify Volatility Premium ETF (SVOL) is an exchange-traded fund that mostly invests in volatility alternatives. The fund is an actively managed portfolio that aims to provide income via short exposure to S&P 500 VIX short-term futures, reset daily. The fund also utilizes an option overlay strategy to protect against adverse moves in VIX. SVOL was launched on May 12, 2021 and is managed by Simplify.