Simplify MBS ETF $MTBA Shares Bought by L2 Asset Management LLC

L2 Asset Management LLC grew its position in Simplify MBS ETF (NYSEARCA:MTBA) by 23.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 265,442 shares of the company’s stock after purchasing an additional 50,392 shares during the quarter. Simplify MBS ETF comprises approximately 1.9% of L2 Asset Management LLC’s investment portfolio, making the stock its 7th biggest holding. L2 Asset Management LLC owned about 0.83% of Simplify MBS ETF worth $13,365,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in MTBA. Cambridge Advisors Inc. boosted its position in shares of Simplify MBS ETF by 1.6% in the 3rd quarter. Cambridge Advisors Inc. now owns 16,667 shares of the company’s stock worth $839,000 after purchasing an additional 258 shares in the last quarter. Tranquilli Financial Advisor LLC grew its stake in Simplify MBS ETF by 2.0% during the 3rd quarter. Tranquilli Financial Advisor LLC now owns 13,850 shares of the company’s stock worth $697,000 after buying an additional 265 shares during the last quarter. Osaic Holdings Inc. increased its position in Simplify MBS ETF by 1.9% during the 2nd quarter. Osaic Holdings Inc. now owns 18,113 shares of the company’s stock valued at $907,000 after buying an additional 343 shares in the last quarter. AE Wealth Management LLC increased its position in Simplify MBS ETF by 11.3% during the 3rd quarter. AE Wealth Management LLC now owns 4,646 shares of the company’s stock valued at $234,000 after buying an additional 471 shares in the last quarter. Finally, Allworth Financial LP purchased a new stake in Simplify MBS ETF in the second quarter valued at about $26,000.

Simplify MBS ETF Price Performance

Shares of NYSEARCA MTBA opened at $49.98 on Tuesday. Simplify MBS ETF has a fifty-two week low of $49.16 and a fifty-two week high of $50.88. The business has a 50-day simple moving average of $50.45 and a two-hundred day simple moving average of $50.47.

Simplify MBS ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, February 27th. Investors of record on Tuesday, February 24th were paid a $0.25 dividend. The ex-dividend date was Tuesday, February 24th. This represents a c) dividend on an annualized basis and a yield of 6.0%.

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.