Simplify MBS ETF $MTBA Shares Bought by Wedbush Securities Inc.

Wedbush Securities Inc. grew its stake in Simplify MBS ETF (NYSEARCA:MTBA) by 55.8% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 49,665 shares of the company’s stock after acquiring an additional 17,786 shares during the quarter. Wedbush Securities Inc.’s holdings in Simplify MBS ETF were worth $2,501,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of MTBA. NewEdge Advisors LLC grew its holdings in shares of Simplify MBS ETF by 37.6% in the first quarter. NewEdge Advisors LLC now owns 21,834 shares of the company’s stock valued at $1,095,000 after purchasing an additional 5,970 shares during the period. Goldman Sachs Group Inc. purchased a new position in Simplify MBS ETF during the first quarter worth about $518,000. Envestnet Portfolio Solutions Inc. boosted its holdings in Simplify MBS ETF by 122.1% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 80,969 shares of the company’s stock valued at $4,056,000 after purchasing an additional 44,510 shares during the last quarter. Stephens Inc. AR acquired a new position in Simplify MBS ETF in the 2nd quarter valued at about $451,000. Finally, Patten Group Inc. purchased a new stake in shares of Simplify MBS ETF in the 2nd quarter valued at approximately $1,394,000.

Simplify MBS ETF Stock Performance

Shares of NYSEARCA MTBA opened at $50.57 on Friday. The company has a 50 day simple moving average of $50.47 and a 200-day simple moving average of $50.43. Simplify MBS ETF has a 1 year low of $49.16 and a 1 year high of $50.88.

Simplify MBS ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 30th. Shareholders of record on Tuesday, January 27th were paid a dividend of $0.25 per share. This represents a c) annualized dividend and a yield of 5.9%. This is a positive change from Simplify MBS ETF’s previous monthly dividend of $0.02. The ex-dividend date of this dividend was Tuesday, January 27th.

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