Magnolia Private Wealth LLC Cuts Stock Position in Simplify MBS ETF (NYSEARCA:MTBA)

Magnolia Private Wealth LLC lowered its stake in Simplify MBS ETF (NYSEARCA:MTBA) by 38.0% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 6,201 shares of the company’s stock after selling 3,799 shares during the quarter. Magnolia Private Wealth LLC’s holdings in Simplify MBS ETF were worth $311,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. First National Bank Sioux Falls lifted its holdings in Simplify MBS ETF by 212.7% during the first quarter. First National Bank Sioux Falls now owns 18,732 shares of the company’s stock valued at $939,000 after purchasing an additional 12,741 shares in the last quarter. Farther Finance Advisors LLC increased its position in shares of Simplify MBS ETF by 244.5% during the first quarter. Farther Finance Advisors LLC now owns 727 shares of the company’s stock worth $37,000 after purchasing an additional 516 shares in the last quarter. Priebe Wealth Holdings LLC boosted its stake in Simplify MBS ETF by 803.8% during the 1st quarter. Priebe Wealth Holdings LLC now owns 94,000 shares of the company’s stock worth $4,713,000 after purchasing an additional 83,600 shares during the last quarter. Seneca House Advisors grew its holdings in shares of Simplify MBS ETF by 5.5% during the first quarter. Seneca House Advisors now owns 73,251 shares of the company’s stock worth $3,673,000 after buying an additional 3,827 shares in the last quarter. Finally, Edge Wealth Management LLC raised its position in shares of Simplify MBS ETF by 88.8% in the first quarter. Edge Wealth Management LLC now owns 227,114 shares of the company’s stock valued at $11,387,000 after buying an additional 106,797 shares during the last quarter.

Simplify MBS ETF Price Performance

NYSEARCA:MTBA opened at $49.65 on Wednesday. Simplify MBS ETF has a twelve month low of $49.10 and a twelve month high of $51.97. The company’s 50-day moving average price is $49.73 and its 200-day moving average price is $49.90.

Simplify MBS ETF Profile

The Simplify MBS ETF (MTBA) is an exchange-traded fund that mostly invests in investment grade fixed income. MBTA seeks total return from an actively managed portfolio consisting of investment-grade mortgage-backed securities (MBS). The fund primarily includes residential or commercial MBS issued by government-sponsored entities, as well as non-agency MBS.