Andina Capital Management LLC grew its position in Simplify MBS ETF (NYSEARCA:MTBA – Free Report) by 24.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 132,737 shares of the company’s stock after buying an additional 26,408 shares during the quarter. Simplify MBS ETF makes up approximately 5.2% of Andina Capital Management LLC’s portfolio, making the stock its 4th largest position. Andina Capital Management LLC owned approximately 1.02% of Simplify MBS ETF worth $6,833,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Tortoise Investment Management LLC acquired a new stake in shares of Simplify MBS ETF during the second quarter worth approximately $108,000. Narus Financial Partners LLC acquired a new stake in shares of Simplify MBS ETF during the second quarter worth approximately $212,000. Ables Iannone Moore & Associates Inc. acquired a new stake in shares of Simplify MBS ETF during the third quarter worth approximately $212,000. Whittier Trust Co. acquired a new stake in shares of Simplify MBS ETF during the second quarter worth approximately $248,000. Finally, Calamos Advisors LLC boosted its holdings in shares of Simplify MBS ETF by 16.7% during the second quarter. Calamos Advisors LLC now owns 5,148 shares of the company’s stock worth $259,000 after purchasing an additional 736 shares during the period.
Simplify MBS ETF Price Performance
NYSEARCA MTBA traded down $0.07 during trading on Tuesday, reaching $50.00. The company’s stock had a trading volume of 102,983 shares, compared to its average volume of 197,298. The business has a 50-day moving average price of $51.32 and a 200-day moving average price of $50.84. Simplify MBS ETF has a 1-year low of $49.51 and a 1-year high of $51.97.
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.
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