Simplify MBS ETF $MTBA is Tortoise Investment Management LLC’s 9th Largest Position

Tortoise Investment Management LLC grew its position in Simplify MBS ETF (NYSEARCA:MTBA) by 21.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 418,318 shares of the company’s stock after acquiring an additional 74,856 shares during the quarter. Simplify MBS ETF comprises approximately 1.9% of Tortoise Investment Management LLC’s portfolio, making the stock its 9th biggest position. Tortoise Investment Management LLC owned approximately 1.32% of Simplify MBS ETF worth $21,062,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the business. Allworth Financial LP purchased a new stake in Simplify MBS ETF in the 2nd quarter valued at $26,000. Global Retirement Partners LLC grew its position in Simplify MBS ETF by 73.5% during the 3rd quarter. Global Retirement Partners LLC now owns 1,693 shares of the company’s stock worth $85,000 after purchasing an additional 717 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Simplify MBS ETF in the second quarter valued at about $111,000. Farther Finance Advisors LLC grew its holdings in shares of Simplify MBS ETF by 169.8% during the third quarter. Farther Finance Advisors LLC now owns 3,135 shares of the company’s stock worth $158,000 after buying an additional 1,973 shares during the last quarter. Finally, SFI Advisors LLC purchased a new position in shares of Simplify MBS ETF during the second quarter worth about $202,000.

Simplify MBS ETF Stock Down 0.4%

MTBA opened at $50.00 on Thursday. Simplify MBS ETF has a 52 week low of $49.16 and a 52 week high of $50.88. The business has a 50 day moving average price of $50.48 and a two-hundred day moving average price of $50.48.

Simplify MBS ETF Announces Dividend

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

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.