AE Wealth Management LLC Purchases 29,174 Shares of Simplify Gamma Emerging Market Bond ETF $GAEM

AE Wealth Management LLC boosted its position in Simplify Gamma Emerging Market Bond ETF (NYSEARCA:GAEM) by 15.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 218,261 shares of the company’s stock after acquiring an additional 29,174 shares during the quarter. AE Wealth Management LLC owned 15.59% of Simplify Gamma Emerging Market Bond ETF worth $5,812,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Key Capital Management INC acquired a new stake in Simplify Gamma Emerging Market Bond ETF in the fourth quarter valued at approximately $1,131,000. Networth Advisors LLC acquired a new stake in Simplify Gamma Emerging Market Bond ETF in the fourth quarter valued at approximately $245,000. Blackston Financial Advisory Group LLC acquired a new stake in Simplify Gamma Emerging Market Bond ETF in the third quarter valued at approximately $223,000. Beacon Capital Management LLC acquired a new stake in Simplify Gamma Emerging Market Bond ETF in the third quarter valued at approximately $3,313,000. Finally, B.O.S.S. Retirement Advisors LLC acquired a new stake in Simplify Gamma Emerging Market Bond ETF in the third quarter valued at approximately $281,000.

Simplify Gamma Emerging Market Bond ETF Stock Performance

Shares of Simplify Gamma Emerging Market Bond ETF stock opened at $27.03 on Monday. Simplify Gamma Emerging Market Bond ETF has a fifty-two week low of $24.76 and a fifty-two week high of $27.12. The company’s 50 day moving average price is $26.44 and its two-hundred day moving average price is $26.56.

Simplify Gamma Emerging Market Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Tuesday, February 24th were given a $0.14 dividend. This is an increase from Simplify Gamma Emerging Market Bond ETF’s previous monthly dividend of $0.13. This represents a c) dividend on an annualized basis and a yield of 6.2%. The ex-dividend date was Tuesday, February 24th.

About Simplify Gamma Emerging Market Bond ETF

The Simplify Gamma Emerging Market Bond ETF (GAEM) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking income and capital appreciation through investments in emerging markets debts. Fixed-income securities are not restricted in terms of maturity or credit rating. GAEM was launched on Aug 12, 2024 and is issued by Simplify.