Simplify MBS ETF $MTBA Shares Bought by Morling Financial Advisors LLC

Morling Financial Advisors LLC raised its position in Simplify MBS ETF (NYSEARCA:MTBA) by 8.5% in the 4th quarter, Holdings Channel reports. The fund owned 338,739 shares of the company’s stock after acquiring an additional 26,408 shares during the period. Simplify MBS ETF accounts for approximately 5.4% of Morling Financial Advisors LLC’s holdings, making the stock its 7th biggest position. Morling Financial Advisors LLC’s holdings in Simplify MBS ETF were worth $17,076,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Tradewinds Capital Management LLC acquired a new stake in shares of Simplify MBS ETF in the 4th quarter worth $50,000. Raymond James Financial Inc. acquired a new stake in shares of Simplify MBS ETF in the 2nd quarter worth $111,000. Nations Financial Group Inc. IA ADV acquired a new stake in shares of Simplify MBS ETF in the 4th quarter worth $202,000. BAM Wealth Management LLC acquired a new stake in shares of Simplify MBS ETF in the 3rd quarter worth $218,000. Finally, Independent Advisor Alliance acquired a new stake in shares of Simplify MBS ETF in the 4th quarter worth $219,000.

Simplify MBS ETF Stock Performance

MTBA stock opened at $48.97 on Thursday. Simplify MBS ETF has a one year low of $48.67 and a one year high of $50.88. The company has a fifty day moving average of $49.56 and a 200-day moving average of $50.15.

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.