Wealth Enhancement Advisory Services LLC Grows Stock Holdings in Simplify MBS ETF $MTBA

Wealth Enhancement Advisory Services LLC boosted its stake in Simplify MBS ETF (NYSEARCA:MTBA) by 20.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 351,358 shares of the company’s stock after acquiring an additional 59,985 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Simplify MBS ETF were worth $17,737,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. lifted its position in Simplify MBS ETF by 7.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 2,117,637 shares of the company’s stock worth $106,623,000 after acquiring an additional 141,545 shares during the period. MML Investors Services LLC increased its holdings in shares of Simplify MBS ETF by 5.5% in the second quarter. MML Investors Services LLC now owns 1,508,448 shares of the company’s stock valued at $75,558,000 after purchasing an additional 79,232 shares during the period. Evergreen Capital Management LLC raised its stake in shares of Simplify MBS ETF by 1.4% during the second quarter. Evergreen Capital Management LLC now owns 1,073,502 shares of the company’s stock worth $53,772,000 after purchasing an additional 14,635 shares during the last quarter. Watchman Group Inc. lifted its holdings in shares of Simplify MBS ETF by 5.1% during the third quarter. Watchman Group Inc. now owns 780,454 shares of the company’s stock worth $39,296,000 after purchasing an additional 37,940 shares during the period. Finally, CreativeOne Wealth LLC lifted its holdings in shares of Simplify MBS ETF by 1,841.0% during the third quarter. CreativeOne Wealth LLC now owns 613,270 shares of the company’s stock worth $30,878,000 after purchasing an additional 581,675 shares during the period.

Simplify MBS ETF Price Performance

Shares of MTBA opened at $49.62 on Thursday. The company’s fifty day moving average is $50.33 and its two-hundred day moving average is $50.44. Simplify MBS ETF has a 1 year low of $49.16 and a 1 year high of $50.88.

Simplify MBS ETF Dividend Announcement

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

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.