Simplify MBS ETF (NYSEARCA:MTBA) is Watchman Group Inc.’s 3rd Largest Position

Watchman Group Inc. raised its stake in Simplify MBS ETF (NYSEARCA:MTBA) by 4.8% in the fourth quarter, HoldingsChannel reports. The fund owned 580,926 shares of the company’s stock after purchasing an additional 26,411 shares during the period. Simplify MBS ETF accounts for approximately 7.6% of Watchman Group Inc.’s investment portfolio, making the stock its 3rd largest holding. Watchman Group Inc.’s holdings in Simplify MBS ETF were worth $28,866,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. Webster Bank N. A. acquired a new position in shares of Simplify MBS ETF in the 4th quarter valued at $50,000. Citizens National Bank Trust Department acquired a new position in shares of Simplify MBS ETF in the fourth quarter worth about $60,000. Endeavor Private Wealth Inc. acquired a new position in shares of Simplify MBS ETF in the fourth quarter worth about $130,000. Principal Securities Inc. boosted its stake in shares of Simplify MBS ETF by 16.6% during the 4th 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. Finally, Steward Partners Investment Advisory LLC grew its position in shares of Simplify MBS ETF by 98.7% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 4,118 shares of the company’s stock valued at $205,000 after acquiring an additional 2,046 shares during the period.

Simplify MBS ETF Price Performance

Shares of MTBA opened at $50.09 on Friday. Simplify MBS ETF has a 12 month low of $49.10 and a 12 month high of $51.97. The stock’s 50 day moving average is $50.02 and its two-hundred day moving average is $50.30.

Simplify MBS ETF Announces Dividend

The business also recently declared a dividend, which will be paid on Monday, March 31st. Investors of record on Wednesday, March 26th will be issued a $0.25 dividend. The ex-dividend date is Wednesday, March 26th.

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.