Meridian Wealth Management LLC Sells 14,248 Shares of Simplify MBS ETF $MTBA

Meridian Wealth Management LLC reduced its stake in Simplify MBS ETF (NYSEARCA:MTBA) by 73.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,021 shares of the company’s stock after selling 14,248 shares during the period. Meridian Wealth Management LLC’s holdings in Simplify MBS ETF were worth $253,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Steinberganna Wealth Management boosted its position in shares of Simplify MBS ETF by 1.8% in the 4th quarter. Steinberganna Wealth Management now owns 12,601 shares of the company’s stock worth $635,000 after purchasing an additional 221 shares during the last quarter. Tranquilli Financial Advisor LLC boosted its position in shares of 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 during the last quarter. Longview Financial Advisors Inc. boosted its position in shares of Simplify MBS ETF by 1.2% in the 4th quarter. Longview Financial Advisors Inc. now owns 24,063 shares of the company’s stock worth $1,213,000 after purchasing an additional 279 shares during the last quarter. Osaic Holdings Inc. boosted its position 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 worth $907,000 after purchasing an additional 343 shares during the last quarter. Finally, Sharp Wealth Advisory LLC boosted its position in shares of Simplify MBS ETF by 8.3% in the 4th quarter. Sharp Wealth Advisory LLC now owns 5,200 shares of the company’s stock worth $262,000 after purchasing an additional 400 shares during the last quarter.

Simplify MBS ETF Stock Performance

NYSEARCA:MTBA opened at $48.98 on Friday. Simplify MBS ETF has a 12-month low of $48.90 and a 12-month high of $50.88. The stock’s fifty day simple moving average is $49.65 and its 200-day simple moving average is $50.19.

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.