True Wealth Design LLC Grows Position in Simplify MBS ETF $MTBA

True Wealth Design LLC grew its stake in shares of Simplify MBS ETF (NYSEARCA:MTBA) by 6.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 216,384 shares of the company’s stock after acquiring an additional 13,642 shares during the quarter. Simplify MBS ETF comprises approximately 3.3% of True Wealth Design LLC’s portfolio, making the stock its 7th biggest position. True Wealth Design LLC owned approximately 0.72% of Simplify MBS ETF worth $10,895,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently modified their holdings of the company. Allworth Financial LP purchased a new stake in Simplify MBS ETF during the 2nd quarter valued at about $26,000. Huntington National Bank lifted its stake in shares of Simplify MBS ETF by 29.3% in the second quarter. Huntington National Bank now owns 1,078 shares of the company’s stock worth $54,000 after buying an additional 244 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in shares of Simplify MBS ETF by 59.8% during the second quarter. Farther Finance Advisors LLC now owns 1,162 shares of the company’s stock valued at $58,000 after buying an additional 435 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of Simplify MBS ETF by 37.0% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,245 shares of the company’s stock valued at $62,000 after acquiring an additional 336 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new position in Simplify MBS ETF in the 2nd quarter worth approximately $111,000.

Simplify MBS ETF Stock Down 0.0%

MTBA stock opened at $50.41 on Friday. The stock’s 50 day simple moving average is $50.44 and its 200 day simple moving average is $50.31. Simplify MBS ETF has a 12-month low of $49.10 and a 12-month high of $50.88.

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.