Simplify MBS ETF $MTBA Shares Bought by Royal Bank of Canada

Royal Bank of Canada raised its position in Simplify MBS ETF (NYSEARCA:MTBA) by 15.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 291,789 shares of the company’s stock after buying an additional 39,859 shares during the quarter. Royal Bank of Canada owned approximately 0.86% of Simplify MBS ETF worth $14,432,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the company. MML Investors Services LLC grew its position in shares of Simplify MBS ETF by 7.1% during the fourth quarter. MML Investors Services LLC now owns 1,755,656 shares of the company’s stock worth $88,503,000 after acquiring an additional 116,584 shares during the last quarter. Watchman Group Inc. raised its position in Simplify MBS ETF by 5.6% in the 1st quarter. Watchman Group Inc. now owns 877,875 shares of the company’s stock valued at $43,420,000 after purchasing an additional 46,655 shares during the last quarter. Hilton Capital Management LLC boosted its stake in Simplify MBS ETF by 0.6% during the 4th quarter. Hilton Capital Management LLC now owns 841,350 shares of the company’s stock worth $42,412,000 after purchasing an additional 4,855 shares during the period. LPL Financial LLC grew its position in Simplify MBS ETF by 1.3% during the 4th quarter. LPL Financial LLC now owns 561,544 shares of the company’s stock worth $28,307,000 after purchasing an additional 7,056 shares during the last quarter. Finally, Tortoise Investment Management LLC increased its stake in Simplify MBS ETF by 12.5% in the fourth quarter. Tortoise Investment Management LLC now owns 470,695 shares of the company’s stock valued at $23,728,000 after purchasing an additional 52,377 shares during the period.

Simplify MBS ETF Stock Up 0.2%

Shares of NYSEARCA:MTBA opened at $48.68 on Friday. The company has a 50-day simple moving average of $48.96 and a 200-day simple moving average of $49.56. Simplify MBS ETF has a one year low of $48.37 and a one year 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.