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

Simplify Aggregate Bond ETF (NYSEARCA:AGGH)’s share price reached a new 52-week low during trading on Wednesday . The stock traded as low as $19.81 and last traded at $19.81, with a volume of 28777 shares changing hands. The stock had previously closed at $19.89.

Simplify Aggregate Bond ETF Price Performance

The firm has a fifty day moving average of $20.15 and a 200 day moving average of $20.43.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the stock. Strive Financial Group LLC purchased a new stake in Simplify Aggregate Bond ETF in the fourth quarter worth approximately $30,000. Sound Income Strategies LLC boosted its stake in shares of Simplify Aggregate Bond ETF by 588.7% in the 4th quarter. Sound Income Strategies LLC now owns 1,832 shares of the company’s stock worth $38,000 after buying an additional 1,566 shares during the last quarter. NBC Securities Inc. bought a new stake in shares of Simplify Aggregate Bond ETF in the fourth quarter worth $42,000. International Assets Investment Management LLC purchased a new stake in Simplify Aggregate Bond ETF during the fourth quarter valued at $53,000. Finally, Royal Bank of Canada lifted its holdings in Simplify Aggregate Bond ETF by 48.1% in the fourth quarter. Royal Bank of Canada now owns 7,308 shares of the company’s stock valued at $151,000 after acquiring an additional 2,372 shares during the period.

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.