68,930 Shares in Simplify MBS ETF (NYSEARCA:MTBA) Purchased by Dakota Wealth Management

Dakota Wealth Management bought a new stake in shares of Simplify MBS ETF (NYSEARCA:MTBA) in the fourth quarter, Holdings Channel reports. The fund bought 68,930 shares of the company’s stock, valued at approximately $3,425,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of MTBA. Investors Research Corp purchased a new position in Simplify MBS ETF during the third quarter valued at approximately $46,000. Ables Iannone Moore & Associates Inc. purchased a new position in shares of Simplify MBS ETF during the 3rd quarter valued at $212,000. Smith Anglin Financial LLC bought a new position in shares of Simplify MBS ETF in the fourth quarter worth $228,000. Straight Path Wealth Management raised its position in shares of Simplify MBS ETF by 22.6% in the second quarter. Straight Path Wealth Management now owns 5,160 shares of the company’s stock worth $260,000 after buying an additional 950 shares in the last quarter. Finally, Wedmont Private Capital purchased a new stake in shares of Simplify MBS ETF in the fourth quarter worth $263,000.

Simplify MBS ETF Stock Performance

Shares of NYSEARCA MTBA opened at $49.77 on Thursday. The stock’s 50-day simple moving average is $49.94 and its two-hundred day simple moving average is $50.68. Simplify MBS ETF has a twelve month low of $49.10 and a twelve month 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.