Simplify Aggregate Bond ETF (NYSEARCA:AGGH) Hits New 52-Week Low – Time to Sell?

Simplify Aggregate Bond ETF (NYSEARCA:AGGH)’s stock price reached a new 52-week low during mid-day trading on Monday . The company traded as low as $19.71 and last traded at $19.73, with a volume of 18297 shares trading hands. The stock had previously closed at $19.84.

Simplify Aggregate Bond ETF Trading Down 0.6%

The company’s 50 day simple moving average is $19.97 and its 200-day simple moving average is $20.27.

Institutional Trading of Simplify Aggregate Bond ETF

A number of hedge funds have recently bought and sold shares of AGGH. Montgomery Financial Services LLC purchased a new stake in Simplify Aggregate Bond ETF in the 2nd quarter worth approximately $25,000. Strive Financial Group LLC purchased a new position in shares of Simplify Aggregate Bond ETF during the 4th quarter worth $30,000. International Assets Investment Management LLC acquired a new stake in shares of Simplify Aggregate Bond ETF during the fourth quarter worth $53,000. Royal Bank of Canada boosted its holdings in shares of Simplify Aggregate Bond ETF by 48.1% during the fourth quarter. Royal Bank of Canada now owns 7,308 shares of the company’s stock worth $151,000 after purchasing an additional 2,372 shares during the last quarter. Finally, Arkadios Wealth Advisors acquired a new stake in shares of Simplify Aggregate Bond ETF during the fourth quarter worth $201,000.

About Simplify Aggregate Bond ETF

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.