Beckerman Institutional LLC Invests $940,000 in Simplify MBS ETF (NYSEARCA:MTBA)

Beckerman Institutional LLC acquired a new position in Simplify MBS ETF (NYSEARCA:MTBA) during the 3rd quarter, Holdings Channel reports. The fund acquired 18,262 shares of the company’s stock, valued at approximately $940,000.

Several other hedge funds have also recently added to or reduced their stakes in MTBA. Simplify Asset Management Inc. acquired a new stake in shares of Simplify MBS ETF in the second quarter valued at approximately $44,541,000. Evergreen Capital Management LLC boosted its stake in shares of Simplify MBS ETF by 153.5% during the second quarter. Evergreen Capital Management LLC now owns 427,345 shares of the company’s stock valued at $21,521,000 after acquiring an additional 258,765 shares during the last quarter. Leuthold Group LLC purchased a new stake in Simplify MBS ETF during the 2nd quarter worth about $9,356,000. Envestnet Asset Management Inc. raised its stake in Simplify MBS ETF by 16.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 951,569 shares of the company’s stock valued at $47,921,000 after purchasing an additional 131,095 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in Simplify MBS ETF by 890.3% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 107,470 shares of the company’s stock valued at $5,533,000 after purchasing an additional 96,618 shares in the last quarter.

Simplify MBS ETF Stock Up 0.0 %

Simplify MBS ETF stock opened at $50.39 on Friday. The firm’s 50-day moving average is $51.09 and its two-hundred day moving average is $50.84. Simplify MBS ETF has a 12-month low of $49.51 and a 12-month high of $51.97.

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.