JPMorgan Chase & Co. Purchases 49,765 Shares of Simplify MBS ETF $MTBA

JPMorgan Chase & Co. grew its position in shares of Simplify MBS ETF (NYSEARCA:MTBA) by 40.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 173,482 shares of the company’s stock after purchasing an additional 49,765 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.55% of Simplify MBS ETF worth $8,735,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Global Retirement Partners LLC raised its holdings in Simplify MBS ETF by 73.5% in the 3rd quarter. Global Retirement Partners LLC now owns 1,693 shares of the company’s stock valued at $85,000 after buying an additional 717 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Simplify MBS ETF during the 2nd quarter worth approximately $111,000. Farther Finance Advisors LLC grew its holdings in Simplify MBS ETF by 169.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 3,135 shares of the company’s stock worth $158,000 after acquiring an additional 1,973 shares during the last quarter. BAM Wealth Management LLC bought a new stake in Simplify MBS ETF during the 3rd quarter worth approximately $218,000. Finally, AE Wealth Management LLC increased its position in 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 during the period.

Simplify MBS ETF Price Performance

MTBA stock opened at $49.08 on Monday. The company has a fifty day moving average price of $50.27 and a 200-day moving average price of $50.42. Simplify MBS ETF has a 52-week low of $48.90 and a 52-week high of $50.88.

Simplify MBS ETF Dividend Announcement

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

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.