30,438 Simplify High Yield ETF $CDX Shares Sold by Soltis Investment Advisors LLC

Soltis Investment Advisors LLC trimmed its holdings in Simplify High Yield ETF (NYSEARCA:CDX) by 11.1% in the third quarter, Holdings Channel.com reports. The fund owned 242,565 shares of the company’s stock after selling 30,438 shares during the period. Soltis Investment Advisors LLC’s holdings in Simplify High Yield ETF were worth $4,893,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Ameritas Advisory Services LLC acquired a new position in shares of Simplify High Yield ETF in the 2nd quarter worth approximately $42,000. Western Wealth Management LLC bought a new stake in shares of Simplify High Yield ETF in the 1st quarter worth approximately $62,000. Mather Group LLC. acquired a new stake in Simplify High Yield ETF during the third quarter valued at approximately $172,000. Park Avenue Securities LLC acquired a new stake in Simplify High Yield ETF during the third quarter valued at approximately $309,000. Finally, WealthCare Asset Management LLC acquired a new stake in Simplify High Yield ETF during the first quarter valued at approximately $359,000.

Simplify High Yield ETF Stock Performance

Shares of NYSEARCA:CDX opened at $20.16 on Friday. The stock has a market capitalization of $312.48 million, a price-to-earnings ratio of 11.17 and a beta of 0.30. Simplify High Yield ETF has a 1-year low of $20.06 and a 1-year high of $22.88. The company has a 50 day moving average price of $20.42 and a 200 day moving average price of $21.18.

Simplify High Yield ETF Profile

The Simplify High Yield PLUS Credit Hedge ETF (CDX) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is a fund-of-funds that invests in US high-yield bond ETFs with different maturities. It also provides a credit hedge overlay, which may contain S&P 500 Index (SPX) puts. CDX was launched on Feb 14, 2022 and is managed by Simplify.