Private Client Services LLC Cuts Stock Holdings in Simplify MBS ETF $MTBA

Private Client Services LLC lowered its position in shares of Simplify MBS ETF (NYSEARCA:MTBA) by 35.1% in the 2nd quarter, Holdings Channel.com reports. The fund owned 32,997 shares of the company’s stock after selling 17,859 shares during the quarter. Private Client Services LLC’s holdings in Simplify MBS ETF were worth $1,619,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in MTBA. Steinberganna Wealth Management lifted its position in Simplify MBS ETF by 1.8% in the 4th quarter. Steinberganna Wealth Management now owns 12,601 shares of the company’s stock valued at $635,000 after acquiring an additional 221 shares in the last quarter. Founders Financial Securities LLC boosted its stake in Simplify MBS ETF by 4.5% during the 1st quarter. Founders Financial Securities LLC now owns 5,708 shares of the company’s stock valued at $284,000 after purchasing an additional 246 shares during the last quarter. Longview Financial Advisors Inc. increased its holdings in shares of Simplify MBS ETF by 1.1% in the 1st quarter. Longview Financial Advisors Inc. now owns 24,323 shares of the company’s stock worth $1,203,000 after purchasing an additional 260 shares in the last quarter. Osaic Holdings Inc. increased its holdings in shares of Simplify MBS ETF by 1.9% in the 2nd quarter. Osaic Holdings Inc. now owns 18,113 shares of the company’s stock worth $907,000 after purchasing an additional 343 shares in the last quarter. Finally, Cambridge Advisors Inc. raised its stake in shares of Simplify MBS ETF by 1.9% in the first quarter. Cambridge Advisors Inc. now owns 19,506 shares of the company’s stock worth $965,000 after purchasing an additional 363 shares during the last quarter.

Simplify MBS ETF Stock Performance

MTBA stock opened at $48.51 on Tuesday. Simplify MBS ETF has a 1-year low of $48.37 and a 1-year high of $50.88. The business has a fifty day moving average price of $49.00 and a 200-day moving average price of $49.61.

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.