Simplify Aggregate Bond ETF (NYSEARCA:AGGH) Hits New 1-Year Low – Here’s Why

Simplify Aggregate Bond ETF (NYSEARCA:AGGH) reached a new 52-week low on Thursday . The stock traded as low as $19.95 and last traded at $20.05, with a volume of 8321 shares changing hands. The stock had previously closed at $20.08.

Simplify Aggregate Bond ETF Trading Up 0.1%

The company has a fifty day simple moving average of $20.23 and a 200-day simple moving average of $20.51.

Institutional Investors Weigh In On Simplify Aggregate Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AGGH. Sanctuary Advisors LLC raised its stake in Simplify Aggregate Bond ETF by 1.7% during the 4th quarter. Sanctuary Advisors LLC now owns 34,269 shares of the company’s stock worth $709,000 after acquiring an additional 585 shares during the period. Greykasell Wealth Strategies Inc. boosted its position in shares of Simplify Aggregate Bond ETF by 1.9% in the fourth quarter. Greykasell Wealth Strategies Inc. now owns 39,332 shares of the company’s stock worth $814,000 after purchasing an additional 728 shares during the period. Arkadios Wealth Advisors increased its stake in shares of Simplify Aggregate Bond ETF by 7.7% in the first quarter. Arkadios Wealth Advisors now owns 10,449 shares of the company’s stock worth $213,000 after purchasing an additional 750 shares in the last quarter. Winnow Wealth LLC increased its stake in shares of Simplify Aggregate Bond ETF by 3.3% in the first quarter. Winnow Wealth LLC now owns 25,922 shares of the company’s stock worth $528,000 after purchasing an additional 822 shares in the last quarter. Finally, OLD Mission Capital LLC raised its position in shares of Simplify Aggregate Bond ETF by 1.9% during the 4th quarter. OLD Mission Capital LLC now owns 51,130 shares of the company’s stock valued at $1,058,000 after purchasing an additional 972 shares during the period.

About Simplify Aggregate Bond ETF

The Simplify Aggregate Bond PLUS Credit Hedge ETF (AGGH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is a fund-of-funds that seeks total return by providing exposure to US investment-grade bonds combined with several credit hedging strategies. The fund is actively managed. AGGH was launched on Feb 14, 2022 and is managed by Simplify.