Wedbush Securities Inc. Grows Position in Simplify MBS ETF $MTBA

Wedbush Securities Inc. grew its position in shares of Simplify MBS ETF (NYSEARCA:MTBA) by 55.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 49,665 shares of the company’s stock after purchasing an additional 17,786 shares during the quarter. Wedbush Securities Inc. owned approximately 0.16% of Simplify MBS ETF worth $2,501,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in MTBA. Allworth Financial LP acquired a new stake in Simplify MBS ETF during the second quarter valued at $26,000. Huntington National Bank increased its position in shares of Simplify MBS ETF by 29.3% in the second quarter. Huntington National Bank now owns 1,078 shares of the company’s stock valued at $54,000 after buying an additional 244 shares in the last quarter. Global Retirement Partners LLC increased its position in shares of Simplify MBS ETF by 73.5% in the third quarter. Global Retirement Partners LLC now owns 1,693 shares of the company’s stock valued at $85,000 after buying an additional 717 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Simplify MBS ETF during the 2nd quarter worth approximately $111,000. Finally, Farther Finance Advisors LLC lifted its position in shares of Simplify MBS ETF by 169.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 3,135 shares of the company’s stock valued at $158,000 after buying an additional 1,973 shares in the last quarter.

Simplify MBS ETF Price Performance

Simplify MBS ETF stock opened at $50.57 on Friday. The company’s fifty day moving average price is $50.47 and its 200 day moving average price is $50.43. Simplify MBS ETF has a 1 year low of $49.16 and a 1 year high of $50.88.

Simplify MBS ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, January 30th. Stockholders of record on Tuesday, January 27th were given a $0.25 dividend. This represents a c) annualized dividend and a dividend yield of 5.9%. This is a positive change from Simplify MBS ETF’s previous monthly dividend of $0.02. The ex-dividend date was Tuesday, January 27th.

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.