Truist Financial Corp Buys 11,652 Shares of Simplify MBS ETF $MTBA

Truist Financial Corp lifted its stake in shares of Simplify MBS ETF (NYSEARCA:MTBA) by 18.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 76,106 shares of the company’s stock after purchasing an additional 11,652 shares during the quarter. Truist Financial Corp’s holdings in Simplify MBS ETF were worth $3,832,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in MTBA. Allworth Financial LP purchased a new position in Simplify MBS ETF during the 2nd quarter valued at about $26,000. Huntington National Bank grew its stake in Simplify MBS ETF by 29.3% during the second quarter. Huntington National Bank now owns 1,078 shares of the company’s stock valued at $54,000 after acquiring an additional 244 shares in the last quarter. Global Retirement Partners LLC increased its holdings in Simplify MBS ETF by 73.5% during the 3rd quarter. Global Retirement Partners LLC now owns 1,693 shares of the company’s stock worth $85,000 after acquiring an additional 717 shares during the period. Raymond James Financial Inc. purchased a new stake in Simplify MBS ETF in the 2nd quarter worth approximately $111,000. Finally, Farther Finance Advisors LLC grew its position in shares of Simplify MBS ETF by 169.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 3,135 shares of the company’s stock valued at $158,000 after purchasing an additional 1,973 shares in the last quarter.

Simplify MBS ETF Stock Performance

Shares of NYSEARCA MTBA opened at $50.32 on Thursday. The stock’s 50-day simple moving average is $50.47 and its two-hundred day simple moving average is $50.41. Simplify MBS ETF has a twelve month low of $49.16 and a twelve month high of $50.88.

Simplify MBS ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, January 30th. Stockholders of record on Tuesday, January 27th were given a dividend of $0.25 per share. This is an increase from Simplify MBS ETF’s previous monthly dividend of $0.02. The ex-dividend date was Tuesday, January 27th. This represents a c) annualized dividend and a dividend yield of 6.0%.

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. MTBA was launched on Nov 6, 2023 and is issued by Simplify.