Mid American Wealth Advisory Group Inc. Grows Position in Simplify Opportunistic Income ETF $CRDT

Mid American Wealth Advisory Group Inc. raised its position in Simplify Opportunistic Income ETF (NYSEARCA:CRDT) by 15.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 186,315 shares of the company’s stock after acquiring an additional 25,281 shares during the quarter. Simplify Opportunistic Income ETF makes up about 2.0% of Mid American Wealth Advisory Group Inc.’s holdings, making the stock its 16th biggest holding. Mid American Wealth Advisory Group Inc. owned about 5.88% of Simplify Opportunistic Income ETF worth $4,408,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ascension Capital Advisors Inc. purchased a new stake in shares of Simplify Opportunistic Income ETF in the 2nd quarter valued at approximately $14,595,000. Continuum Advisory LLC acquired a new position in shares of Simplify Opportunistic Income ETF during the third quarter worth $10,023,000. Envestnet Asset Management Inc. acquired a new position in shares of Simplify Opportunistic Income ETF during the second quarter worth $599,000. Jane Street Group LLC purchased a new position in Simplify Opportunistic Income ETF in the first quarter valued at $408,000. Finally, Stratos Wealth Advisors LLC increased its holdings in Simplify Opportunistic Income ETF by 9.6% in the second quarter. Stratos Wealth Advisors LLC now owns 27,240 shares of the company’s stock valued at $651,000 after buying an additional 2,394 shares during the last quarter.

Simplify Opportunistic Income ETF Price Performance

Shares of NYSEARCA CRDT opened at $23.28 on Wednesday. The company has a market capitalization of $72.63 million, a price-to-earnings ratio of 9.33 and a beta of 0.05. The business has a 50-day moving average of $23.30 and a two-hundred day moving average of $23.74. Simplify Opportunistic Income ETF has a 1 year low of $22.96 and a 1 year high of $25.99.

Simplify Opportunistic Income ETF Profile

The Simplify Opportunistic Income ETF (CRDT) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that holds various fixed income securities from developed markets. The fund has no maturity and credit rating limitation CRDT was launched on Jun 26, 2023 and is managed by Simplify.