Cambridge Advisors Inc. Buys 1,589 Shares of Simplify Bitcoin Strategy PLUS Income ETF (NASDAQ:MAXI)

Cambridge Advisors Inc. grew its stake in Simplify Bitcoin Strategy PLUS Income ETF (NASDAQ:MAXI) by 14.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,663 shares of the company’s stock after acquiring an additional 1,589 shares during the quarter. Cambridge Advisors Inc. owned 1.18% of Simplify Bitcoin Strategy PLUS Income ETF worth $280,000 at the end of the most recent quarter.

Simplify Bitcoin Strategy PLUS Income ETF Price Performance

Simplify Bitcoin Strategy PLUS Income ETF stock opened at $23.83 on Friday. Simplify Bitcoin Strategy PLUS Income ETF has a 12 month low of $17.20 and a 12 month high of $32.41. The business’s fifty day simple moving average is $22.26 and its two-hundred day simple moving average is $25.35.

Simplify Bitcoin Strategy PLUS Income ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were issued a dividend of $1.00 per share. This represents a $12.00 dividend on an annualized basis and a dividend yield of 50.36%. The ex-dividend date was Wednesday, September 25th.

About Simplify Bitcoin Strategy PLUS Income ETF

The Simplify Bitcoin Strategy PLUS Income ETF (MAXI) is an exchange-traded fund that mostly invests in long bitcoin, short usd currency. The fund is actively managed, aiming to provide capital appreciation and income. The fund holds long Bitcoin futures, short-term debt instruments, and near-term equity index put or call spreads MAXI was launched on Sep 29, 2022 and is managed by Simplify.