Morling Financial Advisors LLC Acquires Shares of 281,490 Simplify MBS ETF (NYSEARCA:MTBA)

Morling Financial Advisors LLC purchased a new position in shares of Simplify MBS ETF (NYSEARCA:MTBA) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 281,490 shares of the company’s stock, valued at approximately $13,987,000. Simplify MBS ETF comprises approximately 4.9% of Morling Financial Advisors LLC’s holdings, making the stock its 8th largest position.

Other institutional investors have also modified their holdings of the company. HighTower Advisors LLC boosted its stake in shares of Simplify MBS ETF by 88.6% during the 3rd quarter. HighTower Advisors LLC now owns 9,934 shares of the company’s stock worth $508,000 after acquiring an additional 4,666 shares in the last quarter. JPMorgan Chase & Co. purchased a new stake in shares of Simplify MBS ETF during the 3rd quarter worth approximately $5,703,000. Brookstone Capital Management purchased a new stake in shares of Simplify MBS ETF during the 4th quarter worth approximately $837,000. Kestra Private Wealth Services LLC boosted its stake in shares of Simplify MBS ETF by 9.3% during the 4th quarter. Kestra Private Wealth Services LLC now owns 9,134 shares of the company’s stock worth $454,000 after acquiring an additional 774 shares in the last quarter. Finally, Janney Montgomery Scott LLC purchased a new stake in shares of Simplify MBS ETF during the 4th quarter worth approximately $3,038,000.

Simplify MBS ETF Price Performance

Shares of NYSEARCA:MTBA opened at $50.33 on Tuesday. The business’s 50 day simple moving average is $49.83 and its 200-day simple moving average is $50.42. Simplify MBS ETF has a 12 month low of $49.10 and a 12 month high of $51.97.

Simplify MBS ETF Dividend Announcement

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

About Simplify MBS ETF

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.