Sequoia Financial Advisors LLC Purchases Shares of 11,100 Simplify MBS ETF (NYSEARCA:MTBA)

Sequoia Financial Advisors LLC acquired a new position in shares of Simplify MBS ETF (NYSEARCA:MTBA) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 11,100 shares of the company’s stock, valued at approximately $552,000.

Several other hedge funds have also modified their holdings of the stock. HighTower Advisors LLC raised its holdings in Simplify MBS ETF by 81.5% in the fourth quarter. HighTower Advisors LLC now owns 18,034 shares of the company’s stock valued at $896,000 after acquiring an additional 8,100 shares in the last quarter. Morling Financial Advisors LLC acquired a new stake in shares of Simplify MBS ETF in the 4th quarter valued at $13,987,000. Tortoise Investment Management LLC lifted its position in shares of Simplify MBS ETF by 14.2% during the 4th quarter. Tortoise Investment Management LLC now owns 301,475 shares of the company’s stock worth $14,980,000 after purchasing an additional 37,481 shares during the last quarter. Independent Advisor Alliance acquired a new position in shares of Simplify MBS ETF during the fourth quarter worth $4,638,000. Finally, K2 Financial Inc. purchased a new position in Simplify MBS ETF in the fourth quarter valued at $1,191,000.

Simplify MBS ETF Stock Down 0.0 %

Shares of NYSEARCA MTBA opened at $50.18 on Tuesday. The business has a 50-day moving average of $49.88 and a two-hundred day moving average of $50.37. Simplify MBS ETF has a 1 year low of $49.10 and a 1 year high of $51.97.

Simplify MBS ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, February 28th. Investors of record on Tuesday, February 25th were paid a dividend of $0.25 per share. The ex-dividend date 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.