Hilton Capital Management LLC Reduces Stock Holdings in Simplify MBS ETF (NYSEARCA:MTBA)

Hilton Capital Management LLC lowered its stake in Simplify MBS ETF (NYSEARCA:MTBA) by 14.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 662,815 shares of the company’s stock after selling 107,493 shares during the period. Simplify MBS ETF makes up about 2.8% of Hilton Capital Management LLC’s investment portfolio, making the stock its 7th largest holding. Hilton Capital Management LLC owned approximately 5.10% of Simplify MBS ETF worth $32,935,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. HighTower Advisors LLC grew its position in Simplify MBS ETF by 88.6% during the 3rd quarter. HighTower Advisors LLC now owns 9,934 shares of the company’s stock worth $508,000 after purchasing an additional 4,666 shares in the last quarter. JPMorgan Chase & Co. purchased a new position in Simplify MBS ETF during the 3rd quarter worth approximately $5,703,000. Brookstone Capital Management purchased a new position in Simplify MBS ETF during the 4th quarter worth approximately $837,000. Kestra Private Wealth Services LLC grew its position in Simplify MBS ETF by 9.3% during the 4th quarter. Kestra Private Wealth Services LLC now owns 9,134 shares of the company’s stock worth $454,000 after purchasing an additional 774 shares in the last quarter. Finally, Janney Montgomery Scott LLC purchased a new position in Simplify MBS ETF during the 4th quarter worth approximately $3,038,000.

Simplify MBS ETF Trading Up 0.2 %

NYSEARCA MTBA opened at $50.22 on Friday. The firm’s 50 day moving average price is $49.86 and its two-hundred day moving average price is $50.40. Simplify MBS ETF has a twelve month low of $49.10 and a twelve month high of $51.97.

Simplify MBS ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, February 28th. Stockholders of record on Tuesday, February 25th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Tuesday, February 25th.

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.