Cahill Financial Advisors Inc. Takes Position in Simplify MBS ETF (NYSEARCA:MTBA)

Cahill Financial Advisors Inc. purchased a new position in shares of Simplify MBS ETF (NYSEARCA:MTBA) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 14,295 shares of the company’s stock, valued at approximately $736,000.

Other institutional investors have also made changes to their positions in the company. Investors Research Corp acquired a new position in Simplify MBS ETF in the 3rd quarter valued at approximately $46,000. Tortoise Investment Management LLC purchased a new position in shares of Simplify MBS ETF during the 2nd quarter valued at $108,000. Narus Financial Partners LLC acquired a new position in shares of Simplify MBS ETF in the second quarter worth $212,000. Ables Iannone Moore & Associates Inc. purchased a new stake in shares of Simplify MBS ETF during the third quarter worth $212,000. Finally, Whittier Trust Co. purchased a new stake in shares of Simplify MBS ETF during the second quarter worth $248,000.

Simplify MBS ETF Stock Performance

Shares of NYSEARCA MTBA opened at $50.16 on Friday. Simplify MBS ETF has a one year low of $49.51 and a one year high of $51.97. The business’s 50-day moving average price is $50.78 and its two-hundred day moving average price is $50.85.

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.