Ausdal Financial Partners Inc. Acquires 73,733 Shares of Simplify Interest Rate Hedge ETF $PFIX

Ausdal Financial Partners Inc. raised its holdings in Simplify Interest Rate Hedge ETF (NYSEARCA:PFIX) by 599.5% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 86,032 shares of the company’s stock after acquiring an additional 73,733 shares during the quarter. Ausdal Financial Partners Inc.’s holdings in Simplify Interest Rate Hedge ETF were worth $4,144,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. JPMorgan Chase & Co. lifted its holdings in shares of Simplify Interest Rate Hedge ETF by 1,285.0% during the third quarter. JPMorgan Chase & Co. now owns 831 shares of the company’s stock worth $40,000 after purchasing an additional 771 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Simplify Interest Rate Hedge ETF in the second quarter worth $53,000. Simplex Trading LLC increased its holdings in Simplify Interest Rate Hedge ETF by 3,462.6% in the second quarter. Simplex Trading LLC now owns 4,382 shares of the company’s stock valued at $231,000 after purchasing an additional 4,259 shares during the period. Cambridge Advisors Inc. acquired a new stake in Simplify Interest Rate Hedge ETF in the third quarter valued at $287,000. Finally, Global Endowment Management LP raised its position in Simplify Interest Rate Hedge ETF by 100.0% during the 3rd quarter. Global Endowment Management LP now owns 8,000 shares of the company’s stock worth $385,000 after purchasing an additional 4,000 shares during the last quarter.

Simplify Interest Rate Hedge ETF Stock Up 1.2%

Shares of PFIX opened at $46.57 on Friday. Simplify Interest Rate Hedge ETF has a 12 month low of $41.45 and a 12 month high of $65.15. The stock’s 50-day moving average price is $45.26 and its two-hundred day moving average price is $47.24.

Simplify Interest Rate Hedge ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Tuesday, February 24th were given a dividend of $0.10 per share. This represents a c) dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date was Tuesday, February 24th.

About Simplify Interest Rate Hedge ETF

The Simplify Interest Rate Hedge ETF (PFIX) is an exchange-traded fund that mostly invests in spreads alternatives. The fund is actively managed to provide a hedge against a sharp increase in long-term interest rates. The fund holds OTC interest rate options, US Treasurys, and US Treasury Inflation-Protected Securities (TIPS). PFIX was launched on May 10, 2021 and is managed by Simplify.