Simplify MBS ETF $MTBA is Edge Wealth Management LLC’s 2nd Largest Position

Edge Wealth Management LLC grew its holdings in Simplify MBS ETF (NYSEARCA:MTBA) by 1.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,090,758 shares of the company’s stock after acquiring an additional 19,399 shares during the period. Simplify MBS ETF comprises approximately 8.6% of Edge Wealth Management LLC’s portfolio, making the stock its 2nd largest position. Edge Wealth Management LLC owned 3.51% of Simplify MBS ETF worth $53,523,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. MML Investors Services LLC grew its stake in Simplify MBS ETF by 7.1% during the 4th quarter. MML Investors Services LLC now owns 1,755,656 shares of the company’s stock worth $88,503,000 after purchasing an additional 116,584 shares in the last quarter. Watchman Group Inc. increased its holdings in Simplify MBS ETF by 5.6% during the 1st quarter. Watchman Group Inc. now owns 877,875 shares of the company’s stock worth $43,420,000 after purchasing an additional 46,655 shares during the period. Hilton Capital Management LLC raised its position in Simplify MBS ETF by 0.6% in the 4th quarter. Hilton Capital Management LLC now owns 841,350 shares of the company’s stock valued at $42,412,000 after purchasing an additional 4,855 shares in the last quarter. LPL Financial LLC boosted its stake in shares of Simplify MBS ETF by 1.3% in the 4th quarter. LPL Financial LLC now owns 561,544 shares of the company’s stock valued at $28,307,000 after buying an additional 7,056 shares during the period. Finally, Tortoise Investment Management LLC boosted its stake in shares of Simplify MBS ETF by 12.5% in the 4th quarter. Tortoise Investment Management LLC now owns 470,695 shares of the company’s stock valued at $23,728,000 after buying an additional 52,377 shares during the period.

Simplify MBS ETF Stock Performance

Shares of Simplify MBS ETF stock traded down $0.03 on Tuesday, reaching $48.28. 222,116 shares of the company were exchanged, compared to its average volume of 196,936. The stock’s 50 day moving average price is $48.70 and its 200-day moving average price is $49.26. Simplify MBS ETF has a 1-year low of $48.05 and a 1-year high of $50.88.

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.