Wealth Enhancement Advisory Services LLC Boosts Stock Position in Simplify MBS ETF (NYSEARCA:MTBA)

Wealth Enhancement Advisory Services LLC raised its position in shares of Simplify MBS ETF (NYSEARCA:MTBA) by 890.3% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 107,470 shares of the company’s stock after buying an additional 96,618 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Simplify MBS ETF were worth $5,533,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of MTBA. Almanack Investment Partners LLC. grew its position in shares of Simplify MBS ETF by 23.6% in the 1st quarter. Almanack Investment Partners LLC. now owns 74,149 shares of the company’s stock worth $3,775,000 after buying an additional 14,143 shares during the last quarter. Proficio Capital Partners LLC acquired a new stake in Simplify MBS ETF in the first quarter valued at approximately $404,000. Cove Street Capital LLC purchased a new position in Simplify MBS ETF in the first quarter worth $392,000. Nwam LLC acquired a new position in shares of Simplify MBS ETF during the first quarter worth $2,507,000. Finally, Ironsides Asset Advisors LLC acquired a new position in shares of Simplify MBS ETF during the first quarter worth $706,000.

Simplify MBS ETF Price Performance

Simplify MBS ETF stock opened at $50.07 on Thursday. Simplify MBS ETF has a 1-year low of $49.51 and a 1-year high of $51.97. The business has a fifty day moving average price of $51.27 and a 200-day moving average price of $50.84.

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.