Magnolia Private Wealth LLC Takes Position in Simplify MBS ETF (NYSEARCA:MTBA)

Magnolia Private Wealth LLC purchased a new position in Simplify MBS ETF (NYSEARCA:MTBA) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 10,000 shares of the company’s stock, valued at approximately $497,000. Magnolia Private Wealth LLC owned approximately 0.08% of Simplify MBS ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also made changes to their positions in the stock. Investors Research Corp acquired a new position in Simplify MBS ETF during the 3rd quarter worth $46,000. Webster Bank N. A. bought a new position in shares of Simplify MBS ETF during the fourth quarter worth about $50,000. Citizens National Bank Trust Department bought a new stake in Simplify MBS ETF in the fourth quarter valued at about $60,000. Endeavor Private Wealth Inc. bought a new stake in Simplify MBS ETF in the fourth quarter valued at about $130,000. Finally, Principal Securities Inc. raised its stake in Simplify MBS ETF by 16.6% during the fourth quarter. Principal Securities Inc. now owns 4,103 shares of the company’s stock valued at $204,000 after buying an additional 584 shares in the last quarter.

Simplify MBS ETF Trading Down 0.2 %

Shares of MTBA opened at $50.16 on Wednesday. Simplify MBS ETF has a 52 week low of $49.10 and a 52 week high of $51.97. The stock has a 50 day moving average of $49.73 and a 200-day moving average of $50.49.

Simplify MBS ETF Announces Dividend

The firm also recently announced a dividend, which will be paid on Friday, February 28th. Shareholders of record on Tuesday, February 25th will be paid a dividend of $0.25 per share. The ex-dividend date is Tuesday, February 25th.

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.