Simplify Asset Management Inc. Has $39.19 Million Stock Position in Simplify National Muni Bond ETF $NMB

Simplify Asset Management Inc. cut its stake in shares of Simplify National Muni Bond ETF (NYSEARCA:NMB) by 42.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,553,376 shares of the company’s stock after selling 1,160,700 shares during the quarter. Simplify National Muni Bond ETF makes up 0.7% of Simplify Asset Management Inc.’s portfolio, making the stock its 8th largest holding. Simplify Asset Management Inc. owned about 80.91% of Simplify National Muni Bond ETF worth $39,192,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Goldman Sachs Group Inc. boosted its position in Simplify National Muni Bond ETF by 0.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 200,742 shares of the company’s stock valued at $4,539,000 after purchasing an additional 742 shares during the period.

Simplify National Muni Bond ETF Stock Performance

Shares of NMB opened at $25.09 on Tuesday. Simplify National Muni Bond ETF has a 12 month low of $21.84 and a 12 month high of $26.14. The stock has a fifty day moving average price of $25.42 and a 200 day moving average price of $24.97.

Simplify National Muni Bond ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 28th. Shareholders of record on Friday, November 21st were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, November 21st. This represents a $0.60 annualized dividend and a yield of 2.4%.

About Simplify National Muni Bond ETF

The Simplify National Muni Bond ETF (NMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that predominantly invests in investment grade, tax-exempt US municipal bonds while utilizing a multi-asset option spread writing strategy. The fund seeks to provide income, and secondarily, capital appreciation. NMB was launched on Sep 9, 2024 and is issued by Simplify.