Simplify MBS ETF $MTBA Stock: Aprio Wealth Management LLC Reduces Stake

Aprio Wealth Management LLC lessened its position in Simplify MBS ETF (NYSEARCA:MTBA) by 56.8% in the 3rd quarter, Holdings Channel reports. The firm owned 209,690 shares of the company’s stock after selling 275,429 shares during the period. Aprio Wealth Management LLC’s holdings in Simplify MBS ETF were worth $9,805,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of MTBA. Wedbush Securities Inc. acquired a new stake in shares of Simplify MBS ETF during the third quarter worth $3,846,000. Western Wealth Management LLC bought a new position in Simplify MBS ETF during the first quarter worth $2,570,000. Royal Bank of Canada lifted its position in Simplify MBS ETF by 15.8% during the first quarter. Royal Bank of Canada now owns 291,789 shares of the company’s stock worth $14,432,000 after acquiring an additional 39,859 shares during the last quarter. Keel Point LLC bought a new stake in Simplify MBS ETF in the 1st quarter valued at $1,898,000. Finally, Private Client Services LLC acquired a new position in shares of Simplify MBS ETF in the third quarter valued at about $1,585,000.

Simplify MBS ETF Trading Up 0.3%

NYSEARCA MTBA opened at $47.63 on Friday. Simplify MBS ETF has a 1-year low of $46.53 and a 1-year high of $50.80. The company has a 50 day moving average of $47.59 and a 200-day moving average of $49.05.

Simplify MBS ETF Company 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.