Simplify MBS ETF $MTBA Stake Raised by Tortoise Investment Management LLC

Tortoise Investment Management LLC increased its position in Simplify MBS ETF (NYSEARCA:MTBA) by 2.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 527,409 shares of the company’s stock after buying an additional 12,171 shares during the period. Simplify MBS ETF accounts for about 1.9% of Tortoise Investment Management LLC’s investment portfolio, making the stock its 9th biggest position. Tortoise Investment Management LLC’s holdings in Simplify MBS ETF were worth $25,880,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in MTBA. Founders Financial Securities LLC boosted its position in shares of 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 acquiring an additional 246 shares during the last quarter. Longview Financial Advisors Inc. raised its stake in Simplify MBS ETF by 1.1% during the first quarter. Longview Financial Advisors Inc. now owns 24,323 shares of the company’s stock valued at $1,203,000 after purchasing an additional 260 shares in the last quarter. Osaic Holdings Inc. lifted its position in Simplify MBS ETF by 1.9% during the second quarter. Osaic Holdings Inc. now owns 18,113 shares of the company’s stock valued at $907,000 after purchasing an additional 343 shares during the last quarter. Cambridge Advisors Inc. grew its stake in shares of Simplify MBS ETF by 1.9% in the 1st quarter. Cambridge Advisors Inc. now owns 19,506 shares of the company’s stock worth $965,000 after buying an additional 363 shares in the last quarter. Finally, Continuum Advisory LLC increased its holdings in shares of Simplify MBS ETF by 1.5% in the 2nd quarter. Continuum Advisory LLC now owns 26,996 shares of the company’s stock worth $1,325,000 after buying an additional 398 shares during the last quarter.

Simplify MBS ETF Stock Down 0.2%

Shares of NYSEARCA:MTBA opened at $48.16 on Thursday. Simplify MBS ETF has a 12 month low of $48.05 and a 12 month high of $50.88. The company has a 50-day moving average price of $48.68 and a 200 day moving average price of $49.24.

Simplify MBS ETF 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.