Simplify Aggregate Bond ETF (NYSEARCA:AGGH) Reaches New 12-Month Low – Here’s What Happened

Simplify Aggregate Bond ETF (NYSEARCA:AGGH) hit a new 52-week low on Wednesday . The company traded as low as $19.32 and last traded at $19.3150, with a volume of 99627 shares. The stock had previously closed at $19.52.

Simplify Aggregate Bond ETF Stock Performance

The company’s 50 day moving average price is $19.79 and its 200 day moving average price is $20.13.

Institutional Trading of Simplify Aggregate Bond ETF

Institutional investors have recently bought and sold shares of the business. Gradient Investments LLC acquired a new stake in Simplify Aggregate Bond ETF during the 2nd quarter valued at $37,475,000. Simplify Asset Management Inc. lifted its stake in shares of Simplify Aggregate Bond ETF by 13.4% during the 1st quarter. Simplify Asset Management Inc. now owns 2,109,127 shares of the company’s stock worth $42,921,000 after buying an additional 250,000 shares during the last quarter. IFS Group LLC bought a new stake in shares of Simplify Aggregate Bond ETF during the 1st quarter worth about $2,844,000. Copley Financial Group Inc. acquired a new position in Simplify Aggregate Bond ETF in the 2nd quarter valued at about $2,601,000. Finally, Howard Bailey Securities LLC bought a new position in Simplify Aggregate Bond ETF in the 4th quarter valued at about $2,567,000.

Simplify Aggregate Bond ETF Company Profile

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.