Envestnet Asset Management Inc. Decreases Holdings in Simplify Enhanced Income ETF (NYSEARCA:HIGH)

Envestnet Asset Management Inc. reduced its position in Simplify Enhanced Income ETF (NYSEARCA:HIGH) by 5.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 514,289 shares of the company’s stock after selling 27,602 shares during the period. Envestnet Asset Management Inc.’s holdings in Simplify Enhanced Income ETF were worth $11,839,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the business. IFP Advisors Inc increased its holdings in shares of Simplify Enhanced Income ETF by 4.7% in the fourth quarter. IFP Advisors Inc now owns 9,854 shares of the company’s stock worth $227,000 after purchasing an additional 439 shares during the period. Panoramic Investment Advisors LLC grew its holdings in shares of Simplify Enhanced Income ETF by 5.0% in the fourth quarter. Panoramic Investment Advisors LLC now owns 10,550 shares of the company’s stock worth $243,000 after purchasing an additional 500 shares during the last quarter. Parkside Financial Bank & Trust raised its stake in shares of Simplify Enhanced Income ETF by 46.6% during the fourth quarter. Parkside Financial Bank & Trust now owns 4,686 shares of the company’s stock valued at $108,000 after acquiring an additional 1,490 shares during the last quarter. Kestra Investment Management LLC bought a new stake in shares of Simplify Enhanced Income ETF in the 4th quarter worth approximately $37,000. Finally, Redhawk Wealth Advisors Inc. raised its holdings in Simplify Enhanced Income ETF by 6.1% in the 4th quarter. Redhawk Wealth Advisors Inc. now owns 28,691 shares of the company’s stock worth $660,000 after purchasing an additional 1,652 shares in the last quarter.

Simplify Enhanced Income ETF Trading Up 0.2 %

HIGH stock opened at $23.18 on Friday. The business’s 50 day moving average price is $22.57 and its two-hundred day moving average price is $23.12. Simplify Enhanced Income ETF has a fifty-two week low of $20.98 and a fifty-two week high of $24.57.

Simplify Enhanced Income ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were paid a dividend of $0.10 per share. The ex-dividend date was Wednesday, March 26th.

Simplify Enhanced Income ETF Profile

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