Simplify Aggregate Bond ETF (NYSEARCA:AGGH) Reaches New 12-Month Low – Here’s Why

Simplify Aggregate Bond ETF (NYSEARCA:AGGH) reached a new 52-week low during trading on Monday . The stock traded as low as $19.32 and last traded at $19.4250, with a volume of 2824 shares trading hands. The stock had previously closed at $19.47.

Simplify Aggregate Bond ETF Stock Down 0.2%

The business has a fifty day simple moving average of $19.87 and a two-hundred day simple moving average of $20.19.

Hedge Funds Weigh In On Simplify Aggregate Bond ETF

Several hedge funds and other institutional investors have recently modified their holdings of the business. Montgomery Financial Services LLC purchased a new stake in Simplify Aggregate Bond ETF during the 2nd quarter valued at about $25,000. Strive Financial Group LLC purchased a new position in Simplify Aggregate Bond ETF in the 4th quarter worth approximately $30,000. International Assets Investment Management LLC acquired a new position in shares of Simplify Aggregate Bond ETF during the 4th quarter worth approximately $53,000. Royal Bank of Canada boosted its holdings in shares of Simplify Aggregate Bond ETF by 48.1% during the 4th 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 purchased a new stake in shares of Simplify Aggregate Bond ETF in the fourth quarter valued at approximately $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.