Envestnet Asset Management Inc. Sells 56,863 Shares of Simplify Treasury Option Income ETF $BUCK

Envestnet Asset Management Inc. decreased its stake in Simplify Treasury Option Income ETF (NYSEARCA:BUCK) by 29.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 139,189 shares of the company’s stock after selling 56,863 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.95% of Simplify Treasury Option Income ETF worth $3,320,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. PNC Financial Services Group Inc. acquired a new stake in shares of Simplify Treasury Option Income ETF in the 2nd quarter valued at $47,000. Raymond James Financial Inc. acquired a new stake in shares of Simplify Treasury Option Income ETF during the 2nd quarter worth about $48,000. NewEdge Advisors LLC lifted its holdings in Simplify Treasury Option Income ETF by 2,123.0% during the 1st quarter. NewEdge Advisors LLC now owns 2,223 shares of the company’s stock valued at $55,000 after purchasing an additional 2,123 shares during the last quarter. Newbridge Financial Services Group Inc. acquired a new position in Simplify Treasury Option Income ETF in the second quarter valued at about $62,000. Finally, Golden State Wealth Management LLC bought a new stake in Simplify Treasury Option Income ETF during the second quarter worth about $80,000.

Simplify Treasury Option Income ETF Stock Down 0.6%

NYSEARCA BUCK opened at $23.62 on Wednesday. Simplify Treasury Option Income ETF has a 1-year low of $22.88 and a 1-year high of $24.80. The company has a 50 day moving average of $23.74 and a 200-day moving average of $23.81.

Simplify Treasury Option Income ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Shareholders of record on Tuesday, February 24th will be given a $0.14 dividend. The ex-dividend date is Tuesday, February 24th. This represents a c) annualized dividend and a yield of 7.1%.

Simplify Treasury Option Income ETF Company Profile

The Simplify Stable Income ETF (BUCK) 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. BUCK was launched on Oct 27, 2022 and is managed by Simplify.