Morling Financial Advisors LLC Boosts Stake in Simplify MBS ETF $MTBA

Morling Financial Advisors LLC lifted its stake in Simplify MBS ETF (NYSEARCA:MTBA) by 5.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 312,331 shares of the company’s stock after purchasing an additional 17,305 shares during the period. Simplify MBS ETF accounts for approximately 5.2% of Morling Financial Advisors LLC’s holdings, making the stock its 7th largest position. Morling Financial Advisors LLC’s holdings in Simplify MBS ETF were worth $15,726,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Huntington National Bank lifted its stake in shares of Simplify MBS ETF by 29.3% during the 2nd quarter. Huntington National Bank now owns 1,078 shares of the company’s stock valued at $54,000 after buying an additional 244 shares in the last quarter. Cambridge Advisors Inc. raised its stake in Simplify MBS ETF by 1.6% during the 3rd quarter. Cambridge Advisors Inc. now owns 16,667 shares of the company’s stock valued at $839,000 after purchasing an additional 258 shares during the period. Tranquilli Financial Advisor LLC lifted its holdings in Simplify MBS ETF by 2.0% in the 3rd quarter. Tranquilli Financial Advisor LLC now owns 13,850 shares of the company’s stock worth $697,000 after purchasing an additional 265 shares in the last quarter. Osaic Holdings Inc. grew its holdings in Simplify MBS ETF by 1.9% during the 2nd quarter. Osaic Holdings Inc. now owns 18,113 shares of the company’s stock valued at $907,000 after buying an additional 343 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its holdings in shares of Simplify MBS ETF by 59.8% in the second quarter. Farther Finance Advisors LLC now owns 1,162 shares of the company’s stock worth $58,000 after buying an additional 435 shares in the last quarter.

Simplify MBS ETF Trading Down 0.1%

Shares of NYSEARCA MTBA opened at $50.34 on Tuesday. The firm’s fifty day moving average is $50.47 and its two-hundred day moving average is $50.41. Simplify MBS ETF has a 52-week low of $49.16 and a 52-week high of $50.88.

Simplify MBS ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, January 30th. Stockholders of record on Tuesday, January 27th were issued a dividend of $0.25 per share. This is a positive change from Simplify MBS ETF’s previous monthly dividend of $0.02. The ex-dividend date of this dividend was Tuesday, January 27th. 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.