Simplify Aggregate Bond ETF (NYSEARCA:AGGH) Sets New 1-Year Low – What’s Next?

Simplify Aggregate Bond ETF (NYSEARCA:AGGH) shares reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $19.32 and last traded at $19.3150, with a volume of 99627 shares changing hands. The stock had previously closed at $19.52.

Simplify Aggregate Bond ETF Stock Down 1.1%

The business has a fifty day simple moving average of $19.79 and a 200 day simple moving average of $20.13.

Institutional Trading of Simplify Aggregate Bond ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Simplify Asset Management Inc. grew its position in shares of Simplify Aggregate Bond ETF by 13.4% during the 1st quarter. Simplify Asset Management Inc. now owns 2,109,127 shares of the company’s stock worth $42,921,000 after purchasing an additional 250,000 shares in the last quarter. Gradient Investments LLC acquired a new stake in shares of Simplify Aggregate Bond ETF in the second quarter valued at approximately $37,475,000. Stadion Money Management LLC boosted its stake in shares of Simplify Aggregate Bond ETF by 8.1% in the fourth quarter. Stadion Money Management LLC now owns 678,141 shares of the company’s stock valued at $14,038,000 after buying an additional 50,736 shares during the period. Park Edge Advisors LLC grew its position in Simplify Aggregate Bond ETF by 12.6% during the first quarter. Park Edge Advisors LLC now owns 410,019 shares of the company’s stock worth $8,344,000 after buying an additional 45,757 shares in the last quarter. Finally, Elevated Capital Advisors LLC grew its position in Simplify Aggregate Bond ETF by 50.6% during the first quarter. Elevated Capital Advisors LLC now owns 351,530 shares of the company’s stock worth $7,154,000 after buying an additional 118,054 shares in the last quarter.

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.