Simplify Enhanced Income ETF (NYSEARCA:HIGH) is BlackDiamond Wealth Management LLC’s 9th Largest Position

BlackDiamond Wealth Management LLC cut its stake in Simplify Enhanced Income ETF (NYSEARCA:HIGH) by 8.2% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 141,023 shares of the company’s stock after selling 12,667 shares during the period. Simplify Enhanced Income ETF comprises approximately 1.9% of BlackDiamond Wealth Management LLC’s portfolio, making the stock its 9th largest position. BlackDiamond Wealth Management LLC owned about 0.83% of Simplify Enhanced Income ETF worth $3,246,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in HIGH. Harbour Investments Inc. boosted its position in Simplify Enhanced Income ETF by 3,996.4% during the third quarter. Harbour Investments Inc. now owns 10,323 shares of the company’s stock valued at $242,000 after buying an additional 10,071 shares during the period. Napa Wealth Management purchased a new stake in Simplify Enhanced Income ETF during the third quarter valued at about $2,090,000. Pekin Hardy Strauss Inc. boosted its holdings in shares of Simplify Enhanced Income ETF by 9.4% during the third quarter. Pekin Hardy Strauss Inc. now owns 90,420 shares of the company’s stock worth $2,120,000 after purchasing an additional 7,763 shares during the period. Townsquare Capital LLC purchased a new stake in shares of Simplify Enhanced Income ETF during the third quarter worth about $303,000. Finally, CreativeOne Wealth LLC boosted its holdings in shares of Simplify Enhanced Income ETF by 435.8% during the third quarter. CreativeOne Wealth LLC now owns 78,294 shares of the company’s stock worth $1,836,000 after purchasing an additional 63,681 shares during the period.

Simplify Enhanced Income ETF Trading Up 0.2 %

Simplify Enhanced Income ETF stock opened at $22.40 on Tuesday. The firm has a 50-day moving average of $22.95 and a 200-day moving average of $23.28. Simplify Enhanced Income ETF has a 1-year low of $21.65 and a 1-year high of $24.57.

Simplify Enhanced Income ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, February 28th. Stockholders of record on Tuesday, February 25th were issued a dividend of $0.10 per share. The ex-dividend date was Tuesday, February 25th.

About Simplify Enhanced Income ETF

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.