Edge Wealth Management LLC Acquires 678,832 Shares of Simplify MBS ETF $MTBA

Edge Wealth Management LLC lifted its holdings in shares of Simplify MBS ETF (NYSEARCA:MTBA) by 211.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,000,038 shares of the company’s stock after purchasing an additional 678,832 shares during the period. Simplify MBS ETF accounts for about 8.9% of Edge Wealth Management LLC’s portfolio, making the stock its 2nd biggest position. Edge Wealth Management LLC owned 2.99% of Simplify MBS ETF worth $50,412,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Cambridge Advisors Inc. lifted its stake in Simplify MBS ETF by 1.6% in the third quarter. Cambridge Advisors Inc. now owns 16,667 shares of the company’s stock valued at $839,000 after buying an additional 258 shares during the period. Tranquilli Financial Advisor LLC grew its position in shares of Simplify MBS ETF by 2.0% during the 3rd quarter. Tranquilli Financial Advisor LLC now owns 13,850 shares of the company’s stock worth $697,000 after buying an additional 265 shares during the period. Osaic Holdings Inc. increased its stake in shares of Simplify MBS ETF by 1.9% in the 2nd quarter. Osaic Holdings Inc. now owns 18,113 shares of the company’s stock valued at $907,000 after acquiring an additional 343 shares in the last quarter. AE Wealth Management LLC increased its stake in shares of Simplify MBS ETF by 11.3% in the 3rd quarter. AE Wealth Management LLC now owns 4,646 shares of the company’s stock valued at $234,000 after acquiring an additional 471 shares in the last quarter. Finally, First American Trust FSB lifted its position in shares of Simplify MBS ETF by 0.4% during the 3rd quarter. First American Trust FSB now owns 148,496 shares of the company’s stock valued at $7,477,000 after acquiring an additional 533 shares during the period.

Simplify MBS ETF Price Performance

Shares of NYSEARCA MTBA opened at $49.62 on Thursday. Simplify MBS ETF has a 12-month low of $49.16 and a 12-month high of $50.88. The company’s fifty day simple moving average is $50.33 and its 200 day simple moving average is $50.44.

Simplify MBS ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Stockholders of record on Tuesday, February 24th were issued a dividend of $0.25 per share. The ex-dividend date was Tuesday, February 24th. This represents a c) annualized dividend and a dividend yield of 6.0%.

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