Simplify MBS ETF (NYSEARCA:MTBA) Stake Increased by Straight Path Wealth Management

Straight Path Wealth Management grew its holdings in Simplify MBS ETF (NYSEARCA:MTBA) by 31.0% in the fourth quarter, Holdings Channel.com reports. The firm owned 6,760 shares of the company’s stock after purchasing an additional 1,600 shares during the period. Straight Path Wealth Management’s holdings in Simplify MBS ETF were worth $336,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of MTBA. Investors Research Corp purchased a new stake in shares of Simplify MBS ETF during the third quarter worth $46,000. Webster Bank N. A. purchased a new stake in shares of Simplify MBS ETF during the fourth quarter worth $50,000. Citizens National Bank Trust Department purchased a new stake in shares of Simplify MBS ETF during the fourth quarter worth $60,000. Endeavor Private Wealth Inc. purchased a new stake in shares of Simplify MBS ETF during the fourth quarter worth $130,000. Finally, Principal Securities Inc. raised its holdings in shares of Simplify MBS ETF by 16.6% during the fourth quarter. Principal Securities Inc. now owns 4,103 shares of the company’s stock worth $204,000 after acquiring an additional 584 shares in the last quarter.

Simplify MBS ETF Trading Down 0.3 %

Shares of NYSEARCA:MTBA opened at $50.15 on Thursday. Simplify MBS ETF has a 1 year low of $49.10 and a 1 year high of $51.97. The business has a fifty day simple moving average of $49.80 and a 200 day simple moving average of $50.45.

Simplify MBS ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, February 28th. Shareholders of record on Tuesday, February 25th were given a dividend of $0.25 per share. The ex-dividend date was Tuesday, February 25th.

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.