Simplify MBS ETF (NYSEARCA:MTBA) Shares Bought by Nwam LLC

Nwam LLC increased its stake in Simplify MBS ETF (NYSEARCA:MTBA) by 82.3% during the fourth quarter, HoldingsChannel.com reports. The fund owned 138,623 shares of the company’s stock after buying an additional 62,592 shares during the period. Nwam LLC’s holdings in Simplify MBS ETF were worth $6,888,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Investors Research Corp purchased a new stake in shares of Simplify MBS ETF in the 3rd quarter valued at approximately $46,000. Webster Bank N. A. acquired a new stake in shares of Simplify MBS ETF in the fourth quarter worth $50,000. Citizens National Bank Trust Department acquired a new stake in shares of Simplify MBS ETF in the fourth quarter worth $60,000. Endeavor Private Wealth Inc. purchased a new position in shares of Simplify MBS ETF during the fourth quarter valued at $130,000. Finally, Principal Securities Inc. raised its position in Simplify MBS ETF by 16.6% during the fourth quarter. Principal Securities Inc. now owns 4,103 shares of the company’s stock valued at $204,000 after buying an additional 584 shares during the period.

Simplify MBS ETF Price Performance

NYSEARCA MTBA opened at $50.23 on Thursday. The company has a 50 day simple moving average of $49.74 and a 200-day simple moving average of $50.49. Simplify MBS ETF has a 52-week low of $49.10 and a 52-week high of $51.97.

Simplify MBS ETF Announces Dividend

The company also recently announced a dividend, which will be paid on Friday, February 28th. Investors of record on Tuesday, February 25th will be paid a $0.25 dividend. The ex-dividend date is 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.