GK Wealth Management LLC Invests $1.21 Million in Simplify MBS ETF $MTBA

GK Wealth Management LLC bought a new stake in Simplify MBS ETF (NYSEARCA:MTBA) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 24,648 shares of the company’s stock, valued at approximately $1,209,000. GK Wealth Management LLC owned about 0.08% of Simplify MBS ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Kestra Advisory Services LLC bought a new stake in Simplify MBS ETF in the fourth quarter valued at approximately $71,000. Raymond James Financial Inc. bought a new position in shares of Simplify MBS ETF during the 2nd quarter worth approximately $111,000. Harbour Investments Inc. increased its holdings in shares of Simplify MBS ETF by 105.3% during the 4th quarter. Harbour Investments Inc. now owns 2,580 shares of the company’s stock worth $130,000 after acquiring an additional 1,323 shares during the last quarter. Strive Financial Group LLC bought a new stake in Simplify MBS ETF in the 4th quarter valued at $140,000. Finally, Arax Advisory Partners bought a new stake in Simplify MBS ETF in the 4th quarter valued at $154,000.

Simplify MBS ETF Stock Up 0.4%

Shares of Simplify MBS ETF stock opened at $48.71 on Wednesday. The business has a fifty day simple moving average of $48.99 and a two-hundred day simple moving average of $49.60. Simplify MBS ETF has a 1 year low of $48.37 and a 1 year high of $50.88.

About Simplify MBS ETF

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.