Simplify MBS ETF $MTBA is Tortoise Investment Management LLC’s 9th Largest Position

Tortoise Investment Management LLC raised its position in shares of Simplify MBS ETF (NYSEARCA:MTBA) by 2.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 527,409 shares of the company’s stock after purchasing an additional 12,171 shares during the quarter. Simplify MBS ETF accounts for about 1.9% of Tortoise Investment Management LLC’s investment portfolio, making the stock its 9th largest position. Tortoise Investment Management LLC owned approximately 1.70% of Simplify MBS ETF worth $25,880,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MTBA. Sequoia Financial Advisors LLC bought a new position in Simplify MBS ETF in the 2nd quarter worth $1,099,000. Tidal Investments LLC boosted its stake in shares of Simplify MBS ETF by 12.0% in the second quarter. Tidal Investments LLC now owns 173,768 shares of the company’s stock worth $8,527,000 after acquiring an additional 18,674 shares during the period. Edge Wealth Management LLC grew its position in shares of Simplify MBS ETF by 1.8% during the second quarter. Edge Wealth Management LLC now owns 1,090,758 shares of the company’s stock worth $53,523,000 after purchasing an additional 19,399 shares in the last quarter. Ameritas Advisory Services LLC bought a new stake in Simplify MBS ETF during the 2nd quarter valued at approximately $1,396,000. Finally, BAM Wealth Management LLC raised its stake in Simplify MBS ETF by 62.7% during the 2nd quarter. BAM Wealth Management LLC now owns 11,126 shares of the company’s stock valued at $546,000 after purchasing an additional 4,287 shares during the period.

Simplify MBS ETF Price Performance

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 stock’s 50 day moving average is $48.68 and its 200 day moving average is $49.24.

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.