Andina Capital Management LLC Sells 1,531 Shares of Simplify Enhanced Income ETF (NYSEARCA:HIGH)

Andina Capital Management LLC trimmed its holdings in Simplify Enhanced Income ETF (NYSEARCA:HIGH) by 2.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 52,893 shares of the company’s stock after selling 1,531 shares during the period. Simplify Enhanced Income ETF comprises about 1.0% of Andina Capital Management LLC’s holdings, making the stock its 29th largest position. Andina Capital Management LLC owned approximately 0.31% of Simplify Enhanced Income ETF worth $1,218,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Peterson Financial Group Inc. bought a new position in shares of Simplify Enhanced Income ETF during the third quarter valued at about $27,000. Decker Retirement Planning Inc. bought a new position in shares of Simplify Enhanced Income ETF during the fourth quarter valued at about $59,000. Geneos Wealth Management Inc. bought a new position in shares of Simplify Enhanced Income ETF during the fourth quarter valued at about $88,000. Wolverine Trading LLC bought a new position in shares of Simplify Enhanced Income ETF during the third quarter valued at about $204,000. Finally, Family Investment Center Inc. bought a new position in shares of Simplify Enhanced Income ETF during the third quarter valued at about $206,000.

Simplify Enhanced Income ETF Price Performance

HIGH opened at $23.50 on Friday. The company’s 50-day moving average is $23.39 and its 200 day moving average is $23.56. Simplify Enhanced Income ETF has a fifty-two week low of $22.78 and a fifty-two week high of $24.70.

Simplify Enhanced Income ETF Company Profile

The Simplify Enhanced Income ETF (HIGH) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide monthly income by holding a short-term portfolio of income-producing US Treasurys and utilizing an option spread writing strategy. HIGH was launched on Oct 27, 2022 and is managed by Simplify.