Simplify Opportunistic Income ETF $CRDT Shares Sold by Continuum Advisory LLC

Continuum Advisory LLC lowered its holdings in shares of Simplify Opportunistic Income ETF (NYSEARCA:CRDT) by 8.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 386,244 shares of the company’s stock after selling 37,365 shares during the period. Simplify Opportunistic Income ETF makes up 0.9% of Continuum Advisory LLC’s holdings, making the stock its 21st largest position. Continuum Advisory LLC owned approximately 0.23% of Simplify Opportunistic Income ETF worth $9,003,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Cresset Asset Management LLC raised its stake in Simplify Opportunistic Income ETF by 2.5% during the 3rd quarter. Cresset Asset Management LLC now owns 30,852 shares of the company’s stock valued at $730,000 after acquiring an additional 744 shares in the last quarter. Kingdom Financial Group LLC. bought a new stake in Simplify Opportunistic Income ETF during the 4th quarter valued at $56,000. Ascension Capital Advisors Inc. raised its stake in Simplify Opportunistic Income ETF by 0.7% during the 3rd quarter. Ascension Capital Advisors Inc. now owns 614,990 shares of the company’s stock valued at $14,551,000 after acquiring an additional 4,210 shares in the last quarter. Lloyd Advisory Services LLC. bought a new stake in Simplify Opportunistic Income ETF during the 4th quarter valued at $141,000. Finally, Wealthcare Advisory Partners LLC raised its stake in Simplify Opportunistic Income ETF by 12.4% during the 3rd quarter. Wealthcare Advisory Partners LLC now owns 128,507 shares of the company’s stock valued at $3,040,000 after acquiring an additional 14,176 shares in the last quarter.

Simplify Opportunistic Income ETF Price Performance

Shares of Simplify Opportunistic Income ETF stock opened at $23.61 on Friday. The business’s fifty day moving average price is $23.05 and its two-hundred day moving average price is $23.18. The company has a market capitalization of $38.25 million, a P/E ratio of 9.33 and a beta of 0.15. Simplify Opportunistic Income ETF has a 1-year low of $21.69 and a 1-year high of $24.65.

Simplify Opportunistic Income ETF Company Profile

The Simplify Opportunistic Income ETF (CRDT) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that holds various fixed income securities from developed markets. The fund has no maturity and credit rating limitation CRDT was launched on Jun 26, 2023 and is managed by Simplify.