Trek Financial LLC Has $1.29 Million Position in Simplify Short Term Treasury Futures Strategy ETF (NYSEARCA:TUA)

Trek Financial LLC lifted its holdings in shares of Simplify Short Term Treasury Futures Strategy ETF (NYSEARCA:TUA) by 15.5% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 60,907 shares of the company’s stock after buying an additional 8,189 shares during the period. Trek Financial LLC’s holdings in Simplify Short Term Treasury Futures Strategy ETF were worth $1,292,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. OLD Mission Capital LLC acquired a new position in Simplify Short Term Treasury Futures Strategy ETF during the fourth quarter worth $695,000. CIBC Private Wealth Group LLC bought a new position in shares of Simplify Short Term Treasury Futures Strategy ETF in the 4th quarter valued at about $30,000. Financial Engines Advisors L.L.C. acquired a new position in shares of Simplify Short Term Treasury Futures Strategy ETF during the 4th quarter worth about $605,000. M Holdings Securities Inc. acquired a new position in shares of Simplify Short Term Treasury Futures Strategy ETF during the 4th quarter worth about $34,000. Finally, Simplify Asset Management Inc. grew its holdings in Simplify Short Term Treasury Futures Strategy ETF by 2.9% during the fourth quarter. Simplify Asset Management Inc. now owns 170,383 shares of the company’s stock worth $3,616,000 after purchasing an additional 4,857 shares during the period.

Simplify Short Term Treasury Futures Strategy ETF Stock Performance

NYSEARCA:TUA opened at $22.44 on Monday. Simplify Short Term Treasury Futures Strategy ETF has a 12-month low of $20.84 and a 12-month high of $23.52. The stock’s 50 day moving average price is $21.61 and its two-hundred day moving average price is $21.67.

Simplify Short Term Treasury Futures Strategy ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, March 31st. Investors of record on Wednesday, March 26th were paid a $0.05 dividend. The ex-dividend date was Wednesday, March 26th.

Simplify Short Term Treasury Futures Strategy ETF Profile

The Simplify Short Term Treasury Futures Strategy ETF (TUA) is an exchange-traded fund that is based on the ICE US Treasury 7-10 Year Bond index. The fund seeks to match or outperform an intermediate-term US Treasury index for a calendar quarter, through an actively managed portfolio of futures, call and put options on US treasury futures, US government securities, and ETFs.