Simplify Managed Futures Strategy ETF $CTA Shares Bought by AE Wealth Management LLC

AE Wealth Management LLC boosted its stake in shares of Simplify Managed Futures Strategy ETF (NYSEARCA:CTA) by 9.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 977,534 shares of the company’s stock after buying an additional 87,102 shares during the period. AE Wealth Management LLC owned 2.25% of Simplify Managed Futures Strategy ETF worth $26,648,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CTA. Brighton Jones LLC boosted its stake in Simplify Managed Futures Strategy ETF by 39.5% during the fourth quarter. Brighton Jones LLC now owns 27,251 shares of the company’s stock worth $760,000 after buying an additional 7,710 shares during the last quarter. Royal Bank of Canada lifted its stake in shares of Simplify Managed Futures Strategy ETF by 86.3% in the 1st quarter. Royal Bank of Canada now owns 104,993 shares of the company’s stock valued at $3,108,000 after purchasing an additional 48,646 shares during the last quarter. NewEdge Advisors LLC acquired a new position in shares of Simplify Managed Futures Strategy ETF in the 1st quarter valued at $321,000. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Simplify Managed Futures Strategy ETF in the 2nd quarter valued at $88,000. Finally, Baird Financial Group Inc. lifted its stake in shares of Simplify Managed Futures Strategy ETF by 164.0% in the 2nd quarter. Baird Financial Group Inc. now owns 74,832 shares of the company’s stock valued at $2,001,000 after purchasing an additional 46,482 shares during the last quarter.

Simplify Managed Futures Strategy ETF Stock Down 4.2%

Shares of Simplify Managed Futures Strategy ETF stock opened at $28.38 on Friday. Simplify Managed Futures Strategy ETF has a 52 week low of $26.36 and a 52 week high of $31.28. The business’s fifty day simple moving average is $29.79 and its 200-day simple moving average is $28.36.

Simplify Managed Futures Strategy ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Tuesday, February 24th were paid a $0.15 dividend. This is a boost from Simplify Managed Futures Strategy ETF’s previous monthly dividend of $0.10. The ex-dividend date of this dividend was Tuesday, February 24th. This represents a c) annualized dividend and a dividend yield of 6.3%.

About Simplify Managed Futures Strategy ETF

The Simplify Managed Futures Strategy ETF (CTA) is an exchange-traded fund that mostly invests in global macro alternatives. The fund seeks absolute returns that have low correlation to the equities market. The actively managed fund uses futures in commodity, currency, and fixed income. CTA was launched on Mar 7, 2022 and is managed by Simplify.