Breakwater Capital Group Raises Position in Simplify MBS ETF $MTBA

Breakwater Capital Group raised its position in Simplify MBS ETF (NYSEARCA:MTBA) by 25.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 85,919 shares of the company’s stock after buying an additional 17,287 shares during the period. Breakwater Capital Group owned about 0.26% of Simplify MBS ETF worth $4,331,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. CreativeOne Wealth LLC raised its holdings in shares of Simplify MBS ETF by 1,841.0% during the third quarter. CreativeOne Wealth LLC now owns 613,270 shares of the company’s stock valued at $30,878,000 after acquiring an additional 581,675 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Simplify MBS ETF by 7.2% in the third quarter. Envestnet Asset Management Inc. now owns 2,117,637 shares of the company’s stock worth $106,623,000 after acquiring an additional 141,545 shares during the last quarter. CI Investments Inc. increased its position in shares of Simplify MBS ETF by 27.0% during the third quarter. CI Investments Inc. now owns 419,859 shares of the company’s stock worth $21,140,000 after purchasing an additional 89,344 shares in the last quarter. Continuum Advisory LLC purchased a new stake in shares of Simplify MBS ETF during the third quarter worth approximately $4,125,000. Finally, MML Investors Services LLC raised its stake in 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 valued at $75,558,000 after purchasing an additional 79,232 shares during the last quarter.

Simplify MBS ETF Stock Performance

Shares of MTBA stock opened at $49.47 on Monday. The stock’s fifty day moving average is $50.39 and its two-hundred day moving average is $50.46. Simplify MBS ETF has a fifty-two week low of $49.16 and a fifty-two week high of $50.88.

Simplify MBS ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Tuesday, February 24th were given a $0.25 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date was Tuesday, February 24th.

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