AE Wealth Management LLC Has $11.96 Million Stake in Simplify Enhanced Income ETF $HIGH

AE Wealth Management LLC trimmed its position in shares of Simplify Enhanced Income ETF (NYSEARCA:HIGH) by 36.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 536,199 shares of the company’s stock after selling 309,713 shares during the period. AE Wealth Management LLC owned 8.19% of Simplify Enhanced Income ETF worth $11,963,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its holdings in shares of Simplify Enhanced Income ETF by 10.5% in the third quarter. Envestnet Asset Management Inc. now owns 242,057 shares of the company’s stock valued at $5,589,000 after purchasing an additional 22,996 shares during the last quarter. Key Capital Management INC acquired a new position in shares of Simplify Enhanced Income ETF in the fourth quarter valued at $2,223,000. Sound Income Strategies LLC increased its holdings in shares of Simplify Enhanced Income ETF by 137.3% in the fourth quarter. Sound Income Strategies LLC now owns 1,125 shares of the company’s stock valued at $25,000 after purchasing an additional 651 shares during the last quarter. Networth Advisors LLC acquired a new position in shares of Simplify Enhanced Income ETF in the fourth quarter valued at $478,000. Finally, Blackston Financial Advisory Group LLC increased its holdings in shares of Simplify Enhanced Income ETF by 52.3% in the third quarter. Blackston Financial Advisory Group LLC now owns 39,205 shares of the company’s stock valued at $905,000 after purchasing an additional 13,465 shares during the last quarter.

Simplify Enhanced Income ETF Stock Performance

NYSEARCA:HIGH opened at $21.53 on Friday. The firm’s fifty day moving average price is $21.58 and its two-hundred day moving average price is $22.29. Simplify Enhanced Income ETF has a one year low of $21.16 and a one year high of $25.15.

Simplify Enhanced Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Tuesday, February 24th were given a dividend of $0.11 per share. This represents a c) dividend on an annualized basis and a yield of 6.1%. The ex-dividend date of this dividend was Tuesday, February 24th.

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.