Simplify MBS ETF $MTBA Shares Purchased by Royal Bank of Canada

Royal Bank of Canada boosted its position in Simplify MBS ETF (NYSEARCA:MTBA) by 15.8% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 291,789 shares of the company’s stock after buying an additional 39,859 shares during the period. Royal Bank of Canada’s holdings in Simplify MBS ETF were worth $14,432,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Quantinno Capital Management LP purchased a new position in Simplify MBS ETF during the 1st quarter worth $665,000. Bank of New York Mellon Corp boosted its holdings in shares of Simplify MBS ETF by 0.8% in the first quarter. Bank of New York Mellon Corp now owns 261,015 shares of the company’s stock valued at $12,910,000 after acquiring an additional 2,027 shares in the last quarter. Harmony Asset Management LLC boosted its holdings in shares of Simplify MBS ETF by 2.9% in the first quarter. Harmony Asset Management LLC now owns 28,600 shares of the company’s stock valued at $1,415,000 after acquiring an additional 800 shares in the last quarter. Ethos Financial Group LLC increased its stake in shares of Simplify MBS ETF by 11.3% during the first quarter. Ethos Financial Group LLC now owns 211,889 shares of the company’s stock worth $10,450,000 after acquiring an additional 21,596 shares during the period. Finally, Sanctuary Advisors LLC raised its holdings in Simplify MBS ETF by 4.2% during the first quarter. Sanctuary Advisors LLC now owns 159,902 shares of the company’s stock worth $7,909,000 after purchasing an additional 6,424 shares in the last quarter.

Simplify MBS ETF Price Performance

NYSEARCA MTBA opened at $48.68 on Friday. Simplify MBS ETF has a 52-week low of $48.37 and a 52-week high of $50.88. The firm has a 50-day moving average price of $48.96 and a 200 day moving average price of $49.56.

Simplify MBS ETF Company 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.