Sequoia Financial Advisors LLC raised its position in shares of Simplify MBS ETF (NYSEARCA:MTBA – Free Report) by 101.7% in the fourth quarter, Holdings Channel.com reports. The fund owned 22,391 shares of the company’s stock after buying an additional 11,291 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Simplify MBS ETF were worth $1,129,000 at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in MTBA. Tradewinds Capital Management LLC purchased a new stake in Simplify MBS ETF during the fourth quarter valued at about $50,000. Global Retirement Partners LLC grew its position in Simplify MBS ETF by 73.5% during the third quarter. Global Retirement Partners LLC now owns 1,693 shares of the company’s stock valued at $85,000 after acquiring an additional 717 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Simplify MBS ETF during the second quarter worth about $111,000. Nations Financial Group Inc. IA ADV acquired a new position in shares of Simplify MBS ETF during the fourth quarter worth about $202,000. Finally, BAM Wealth Management LLC acquired a new position in shares of Simplify MBS ETF during the third quarter worth about $218,000.
Simplify MBS ETF Stock Performance
Shares of MTBA opened at $49.26 on Wednesday. The stock’s 50-day moving average is $49.72 and its two-hundred day moving average is $50.21. Simplify MBS ETF has a 12 month low of $48.90 and a 12 month high of $50.88.
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. MTBA was launched on Nov 6, 2023 and is issued by Simplify.
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