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% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 1,090,758 shares of the company’s stock after acquiring an additional 19,399 shares during the quarter. Simplify MBS ETF comprises 8.6% of Edge Wealth Management LLC’s investment portfolio, making the stock its 2nd biggest holding. Edge Wealth Management LLC’s holdings in Simplify MBS ETF were worth $53,523,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. NewEdge Advisors LLC lifted its stake in Simplify MBS ETF by 37.6% during the first quarter. NewEdge Advisors LLC now owns 21,834 shares of the company’s stock worth $1,095,000 after purchasing an additional 5,970 shares during the last quarter. Goldman Sachs Group Inc. purchased a new position in Simplify MBS ETF in the first quarter valued at approximately $518,000. JPMorgan Chase & Co. increased its stake in Simplify MBS ETF by 4.7% in the second quarter. JPMorgan Chase & Co. now owns 123,717 shares of the company’s stock valued at $6,197,000 after purchasing an additional 5,582 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Simplify MBS ETF during the second quarter worth approximately $111,000. Finally, Jane Street Group LLC raised its holdings in Simplify MBS ETF by 638.9% during the second quarter. Jane Street Group LLC now owns 79,541 shares of the company’s stock worth $3,984,000 after purchasing an additional 68,776 shares in the last quarter.

Simplify MBS ETF Stock Down 0.1%

Shares of NYSEARCA:MTBA traded down $0.03 during trading on Tuesday, hitting $48.28. 222,116 shares of the company were exchanged, compared to its average volume of 196,936. The firm’s 50 day moving average price is $48.70 and its 200-day moving average price is $49.26. Simplify MBS ETF has a 12-month low of $48.05 and a 12-month high of $50.88.

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.