Bar Harbor Wealth Management Grows Stock Position in Simplify MBS ETF $MTBA

Bar Harbor Wealth Management raised its holdings in shares of Simplify MBS ETF (NYSEARCA:MTBA) by 3.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 309,138 shares of the company’s stock after acquiring an additional 11,186 shares during the quarter. Simplify MBS ETF comprises approximately 0.9% of Bar Harbor Wealth Management’s portfolio, making the stock its 28th biggest holding. Bar Harbor Wealth Management owned approximately 1.03% of Simplify MBS ETF worth $15,565,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Envestnet Asset Management Inc. increased its stake in Simplify MBS ETF by 2.4% in the second quarter. Envestnet Asset Management Inc. now owns 1,976,092 shares of the company’s stock valued at $98,982,000 after acquiring an additional 46,350 shares during the last quarter. MML Investors Services LLC boosted its holdings in shares of Simplify MBS ETF by 5.5% in the 2nd quarter. MML Investors Services LLC now owns 1,508,448 shares of the company’s stock worth $75,558,000 after purchasing an additional 79,232 shares in the last quarter. Evergreen Capital Management LLC increased its position in shares of Simplify MBS ETF by 1.4% during the 2nd quarter. Evergreen Capital Management LLC now owns 1,073,502 shares of the company’s stock valued at $53,772,000 after purchasing an additional 14,635 shares during the last quarter. Watchman Group Inc. raised its holdings in shares of Simplify MBS ETF by 5.2% during the 2nd quarter. Watchman Group Inc. now owns 742,514 shares of the company’s stock valued at $37,193,000 after buying an additional 36,746 shares in the last quarter. Finally, Knightsbridge Asset Management LLC raised its holdings in shares of Simplify MBS ETF by 2.5% during the 1st quarter. Knightsbridge Asset Management LLC now owns 571,421 shares of the company’s stock valued at $28,651,000 after buying an additional 13,678 shares in the last quarter.

Simplify MBS ETF Trading Up 0.2%

Shares of NYSEARCA:MTBA opened at $50.41 on Thursday. The company’s fifty day moving average is $50.48 and its 200 day moving average is $50.28. Simplify MBS ETF has a 52 week low of $49.10 and a 52 week high of $50.88.

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. MTBA was launched on Nov 6, 2023 and is issued by Simplify.