Simplify Aggregate Bond ETF (NYSEARCA:AGGH) Reaches New 52-Week Low – Here’s Why
by Kim Johansen · The Markets DailySimplify Aggregate Bond ETF (NYSEARCA:AGGH – Get Free Report)’s share price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $19.94 and last traded at $19.96, with a volume of 2206 shares trading hands. The stock had previously closed at $20.03.
Simplify Aggregate Bond ETF Stock Down 0.2%
The firm’s fifty day moving average price is $20.18 and its 200 day moving average price is $20.46.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in AGGH. Key Capital Management INC acquired a new stake in shares of Simplify Aggregate Bond ETF in the fourth quarter valued at $3,077,000. Networth Advisors LLC acquired a new position in Simplify Aggregate Bond ETF during the 4th quarter worth about $672,000. FSA Advisors Inc. purchased a new position in Simplify Aggregate Bond ETF during the 4th quarter valued at about $1,891,000. Elevated Capital Advisors LLC boosted its holdings in Simplify Aggregate Bond ETF by 22.4% during the 4th quarter. Elevated Capital Advisors LLC now owns 233,476 shares of the company’s stock valued at $4,833,000 after acquiring an additional 42,798 shares during the period. Finally, Prevail Innovative Wealth Advisors LLC acquired a new position in Simplify Aggregate Bond ETF in the 4th quarter valued at about $2,706,000.
Simplify Aggregate Bond ETF Company Profile
The Simplify Aggregate Bond PLUS Credit Hedge ETF (AGGH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is a fund-of-funds that seeks total return by providing exposure to US investment-grade bonds combined with several credit hedging strategies. The fund is actively managed. AGGH was launched on Feb 14, 2022 and is managed by Simplify.