Simplify MBS ETF $MTBA is Morling Financial Advisors LLC’s 8th Largest Position

Morling Financial Advisors LLC lessened its holdings in Simplify MBS ETF (NYSEARCA:MTBA) by 1.8% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 295,026 shares of the company’s stock after selling 5,377 shares during the period. Simplify MBS ETF makes up approximately 4.8% of Morling Financial Advisors LLC’s portfolio, making the stock its 8th biggest holding. Morling Financial Advisors LLC owned 1.06% of Simplify MBS ETF worth $14,778,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Allworth Financial LP purchased a new stake in shares of Simplify MBS ETF during the second quarter valued at approximately $26,000. AlphaCore Capital LLC bought a new position in Simplify MBS ETF during the first quarter valued at about $50,000. Huntington National Bank increased its holdings in Simplify MBS ETF by 29.3% during 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 during the last quarter. Farther Finance Advisors LLC raised its position in 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 acquiring an additional 435 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its stake in Simplify MBS ETF by 37.0% in 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 during the last quarter.

Simplify MBS ETF Stock Performance

Shares of MTBA stock opened at $50.41 on Wednesday. The company has a 50 day moving average of $50.53 and a 200-day moving average of $50.14. 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.