Simplify MBS ETF $MTBA Shares Bought by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC grew its position in shares of Simplify MBS ETF (NYSEARCA:MTBA) by 20.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 351,358 shares of the company’s stock after purchasing an additional 59,985 shares during the quarter. Wealth Enhancement Advisory Services LLC owned approximately 1.05% of Simplify MBS ETF worth $17,737,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Cambridge Advisors Inc. boosted its position in shares of Simplify MBS ETF by 1.6% in the 3rd quarter. Cambridge Advisors Inc. now owns 16,667 shares of the company’s stock valued at $839,000 after purchasing an additional 258 shares during the period. Tranquilli Financial Advisor LLC increased its position in Simplify MBS ETF by 2.0% during the third quarter. Tranquilli Financial Advisor LLC now owns 13,850 shares of the company’s stock worth $697,000 after buying an additional 265 shares during the period. Osaic Holdings Inc. lifted its stake in Simplify MBS ETF by 1.9% in the second quarter. Osaic Holdings Inc. now owns 18,113 shares of the company’s stock valued at $907,000 after buying an additional 343 shares during the last quarter. AE Wealth Management LLC lifted its stake in Simplify MBS ETF by 11.3% in the third quarter. AE Wealth Management LLC now owns 4,646 shares of the company’s stock valued at $234,000 after buying an additional 471 shares during the last quarter. Finally, First American Trust FSB boosted its holdings in shares of Simplify MBS ETF by 0.4% in the third quarter. First American Trust FSB now owns 148,496 shares of the company’s stock valued at $7,477,000 after acquiring an additional 533 shares during the period.

Simplify MBS ETF Stock Performance

Shares of MTBA opened at $49.62 on Thursday. The company’s 50 day simple moving average is $50.33 and its 200-day simple moving average is $50.44. Simplify MBS ETF has a 12-month low of $49.16 and a 12-month high of $50.88.

Simplify MBS ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Tuesday, February 24th were given a dividend of $0.25 per share. This represents a c) annualized dividend and a yield of 6.0%. The ex-dividend date of this dividend was Tuesday, February 24th.

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.