Simplify Enhanced Income ETF (NYSEARCA:HIGH) Shares Sold by Stegent Equity Advisors Inc.

Stegent Equity Advisors Inc. lowered its holdings in shares of Simplify Enhanced Income ETF (NYSEARCA:HIGH) by 11.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 103,480 shares of the company’s stock after selling 13,423 shares during the period. Simplify Enhanced Income ETF makes up about 2.4% of Stegent Equity Advisors Inc.’s holdings, making the stock its 10th biggest position. Stegent Equity Advisors Inc.’s holdings in Simplify Enhanced Income ETF were worth $2,382,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Peterson Financial Group Inc. acquired a new stake in Simplify Enhanced Income ETF during the third quarter worth approximately $27,000. Kestra Investment Management LLC bought a new position in Simplify Enhanced Income ETF in the fourth quarter worth approximately $37,000. Decker Retirement Planning Inc. bought a new position in Simplify Enhanced Income ETF in the fourth quarter worth approximately $59,000. New Wave Wealth Advisors LLC bought a new position in Simplify Enhanced Income ETF in the fourth quarter worth approximately $62,000. Finally, Geneos Wealth Management Inc. bought a new position in Simplify Enhanced Income ETF in the fourth quarter worth approximately $88,000.

Simplify Enhanced Income ETF Trading Up 0.3 %

Shares of NYSEARCA:HIGH opened at $22.59 on Thursday. The business’s 50 day simple moving average is $23.20 and its two-hundred day simple moving average is $23.41. Simplify Enhanced Income ETF has a 52-week low of $22.43 and a 52-week high of $24.57.

Simplify Enhanced Income ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, February 28th. Shareholders of record on Tuesday, February 25th will be issued a $0.10 dividend. The ex-dividend date of this dividend is Tuesday, February 25th.

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.