Tortoise Investment Management LLC increased its stake in Simplify MBS ETF (NYSEARCA:MTBA – Free Report) by 12.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 470,695 shares of the company’s stock after purchasing an additional 52,377 shares during the quarter. Simplify MBS ETF accounts for 2.1% of Tortoise Investment Management LLC’s portfolio, making the stock its 8th largest position. Tortoise Investment Management LLC owned about 1.39% of Simplify MBS ETF worth $23,728,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also recently made changes to their positions in the company. Tradewinds Capital Management LLC bought a new position in shares of Simplify MBS ETF in the 4th quarter worth approximately $50,000. Raymond James Financial Inc. bought a new position in shares of Simplify MBS ETF in the 2nd quarter worth approximately $111,000. Nations Financial Group Inc. IA ADV bought a new position in shares of Simplify MBS ETF in the 4th quarter worth approximately $202,000. BAM Wealth Management LLC bought a new position in shares of Simplify MBS ETF in the 3rd quarter worth approximately $218,000. Finally, Independent Advisor Alliance bought a new position in shares of Simplify MBS ETF in the 4th quarter worth approximately $219,000.
Simplify MBS ETF Trading Down 0.0%
Shares of NYSEARCA:MTBA opened at $48.96 on Tuesday. The firm’s 50 day moving average price is $49.62 and its 200-day moving average price is $50.17. Simplify MBS ETF has a twelve month low of $48.88 and a twelve month 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.
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