Andina Capital Management LLC Makes New $4.63 Million Investment in Simplify MBS ETF (NYSEARCA:MTBA)

Andina Capital Management LLC purchased a new position in shares of Simplify MBS ETF (NYSEARCA:MTBA) during the 4th quarter, Holdings Channel.com reports. The fund purchased 89,548 shares of the company’s stock, valued at approximately $4,629,000. Simplify MBS ETF comprises approximately 4.0% of Andina Capital Management LLC’s portfolio, making the stock its 7th biggest position.

Several other large investors have also recently made changes to their positions in MTBA. Pekin Hardy Strauss Inc. bought a new position in shares of Simplify MBS ETF in the fourth quarter worth approximately $4,782,000. Venturi Wealth Management LLC bought a new position in shares of Simplify MBS ETF in the fourth quarter worth approximately $47,000. Cambridge Advisors Inc. bought a new stake in Simplify MBS ETF in the fourth quarter valued at $501,000. Finally, JTC Employer Solutions Trustee Ltd bought a new stake in Simplify MBS ETF in the fourth quarter valued at $509,000.

Simplify MBS ETF Stock Up 0.2 %

NYSEARCA:MTBA traded up $0.10 during trading hours on Wednesday, hitting $49.72. The company had a trading volume of 367,618 shares, compared to its average volume of 171,868. The company’s 50-day simple moving average is $50.57. Simplify MBS ETF has a 52 week low of $49.51 and a 52 week high of $51.89.

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.