89,548 Shares in Simplify MBS ETF (NYSEARCA:MTBA) Purchased by Andina Capital Management LLC

Andina Capital Management LLC purchased a new position in shares of Simplify MBS ETF (NYSEARCA:MTBA) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 89,548 shares of the company’s stock, valued at approximately $4,629,000. Simplify MBS ETF accounts for about 4.0% of Andina Capital Management LLC’s portfolio, making the stock its 7th biggest holding.

A number of other hedge funds have also bought and sold shares of the business. Venturi Wealth Management LLC acquired a new position in shares of Simplify MBS ETF in the 4th quarter valued at approximately $47,000. Cambridge Advisors Inc. acquired a new position in shares of Simplify MBS ETF in the 4th quarter valued at approximately $501,000. JTC Employer Solutions Trustee Ltd bought a new stake in shares of Simplify MBS ETF during the 4th quarter valued at approximately $509,000. Finally, Pekin Hardy Strauss Inc. bought a new stake in shares of Simplify MBS ETF during the 4th quarter valued at approximately $4,782,000.

Simplify MBS ETF Trading Up 0.2 %

Shares of Simplify MBS ETF stock traded up $0.10 during midday trading on Wednesday, hitting $49.72. 367,618 shares of the company traded hands, compared to its average volume of 171,868. Simplify MBS ETF has a 12 month low of $49.51 and a 12 month high of $51.89. The business has a fifty day simple moving average of $50.57.

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.