Simplify Aggregate Bond ETF (NYSEARCA:AGGH) Hits New 12-Month Low – Should You Sell?

Simplify Aggregate Bond ETF (NYSEARCA:AGGH)’s stock price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $19.95 and last traded at $20.05, with a volume of 8321 shares. The stock had previously closed at $20.08.

Simplify Aggregate Bond ETF Trading Up 0.1%

The business has a 50-day moving average price of $20.23 and a 200 day moving average price of $20.51.

Hedge Funds Weigh In On Simplify Aggregate Bond ETF

Institutional investors have recently bought and sold shares of the business. Gradient Investments LLC purchased a new position in shares of Simplify Aggregate Bond ETF in the 2nd quarter worth $37,475,000. AE Wealth Management LLC raised its position in shares of Simplify Aggregate Bond ETF by 57.0% during the 4th quarter. AE Wealth Management LLC now owns 767,382 shares of the company’s stock valued at $15,885,000 after buying an additional 278,738 shares in the last quarter. WealthPlan Investment Management LLC bought a new position in shares of Simplify Aggregate Bond ETF in the 4th quarter valued at about $5,349,000. Simplify Asset Management Inc. lifted its holdings in shares of Simplify Aggregate Bond ETF by 13.4% in the 1st quarter. Simplify Asset Management Inc. now owns 2,109,127 shares of the company’s stock valued at $42,921,000 after acquiring an additional 250,000 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. purchased a new position in Simplify Aggregate Bond ETF in the fourth quarter worth about $3,672,000.

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.