Simplify MBS ETF $MTBA Stock Holdings Increased by L2 Asset Management LLC

L2 Asset Management LLC lifted its holdings in Simplify MBS ETF (NYSEARCA:MTBA) by 23.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 265,442 shares of the company’s stock after acquiring an additional 50,392 shares during the quarter. Simplify MBS ETF accounts for 1.9% of L2 Asset Management LLC’s holdings, making the stock its 7th biggest position. L2 Asset Management LLC’s holdings in Simplify MBS ETF were worth $13,365,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Allworth Financial LP acquired a new position in Simplify MBS ETF during the second quarter valued at $26,000. Global Retirement Partners LLC grew its position 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 purchasing an additional 717 shares during the period. Raymond James Financial Inc. acquired a new stake in Simplify MBS ETF during the 2nd quarter worth about $111,000. Farther Finance Advisors LLC raised its stake 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 buying an additional 1,973 shares during the last quarter. Finally, SFI Advisors LLC acquired a new position in shares of Simplify MBS ETF in the 2nd quarter valued at about $202,000.

Simplify MBS ETF Stock Performance

Shares of MTBA opened at $49.98 on Tuesday. Simplify MBS ETF has a 52 week low of $49.16 and a 52 week high of $50.88. The stock’s 50-day moving average price is $50.45 and its 200-day moving average price is $50.47.

Simplify MBS ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Tuesday, February 24th were issued a $0.25 dividend. The ex-dividend date of this dividend was Tuesday, February 24th. This represents a c) dividend on an annualized basis and a 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.