Hilton Capital Management LLC Takes $39.66 Million Position in Simplify MBS ETF (NYSEARCA:MTBA)

Hilton Capital Management LLC acquired a new position in shares of Simplify MBS ETF (NYSEARCA:MTBA) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 770,308 shares of the company’s stock, valued at approximately $39,655,000. Simplify MBS ETF accounts for approximately 3.1% of Hilton Capital Management LLC’s investment portfolio, making the stock its 8th largest position. Hilton Capital Management LLC owned approximately 0.06% of Simplify MBS ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wedbush Securities Inc. lifted its stake in Simplify MBS ETF by 4.0% during the 2nd quarter. Wedbush Securities Inc. now owns 18,099 shares of the company’s stock worth $911,000 after acquiring an additional 696 shares in the last quarter. Calamos Advisors LLC lifted its position 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 in the last quarter. Cambridge Advisors Inc. boosted its stake in shares of Simplify MBS ETF by 6.1% in the third quarter. Cambridge Advisors Inc. now owns 14,967 shares of the company’s stock valued at $771,000 after purchasing an additional 858 shares during the period. Straight Path Wealth Management increased its stake in Simplify MBS ETF by 22.6% during the 2nd quarter. Straight Path Wealth Management now owns 5,160 shares of the company’s stock worth $260,000 after buying an additional 950 shares during the period. Finally, Tortoise Investment Management LLC purchased a new stake in Simplify MBS ETF during the 2nd quarter worth approximately $108,000.

Simplify MBS ETF Price Performance

Shares of MTBA stock opened at $50.15 on Wednesday. The firm has a 50 day moving average of $50.89 and a two-hundred day moving average of $50.86. Simplify MBS ETF has a 52 week low of $49.51 and a 52 week high of $51.97.

About Simplify MBS ETF

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.