Bank of Montreal Can Buys 47,595 Shares of Simplify MBS ETF $MTBA

Bank of Montreal Can increased its stake in shares of Simplify MBS ETF (NYSEARCA:MTBA) by 163.6% during the second quarter, HoldingsChannel reports. The institutional investor owned 76,695 shares of the company’s stock after buying an additional 47,595 shares during the quarter. Bank of Montreal Can’s holdings in Simplify MBS ETF were worth $3,842,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in MTBA. Nwam LLC lifted its position in shares of Simplify MBS ETF by 24.9% during the 1st quarter. Nwam LLC now owns 173,162 shares of the company’s stock valued at $8,682,000 after acquiring an additional 34,539 shares during the period. Private Advisor Group LLC raised its stake in Simplify MBS ETF by 28.8% in the first quarter. Private Advisor Group LLC now owns 88,763 shares of the company’s stock valued at $4,451,000 after purchasing an additional 19,827 shares in the last quarter. Csenge Advisory Group lifted its position in Simplify MBS ETF by 5.6% during the first quarter. Csenge Advisory Group now owns 10,950 shares of the company’s stock worth $546,000 after purchasing an additional 584 shares during the period. Beckerman Institutional LLC lifted its position in Simplify MBS ETF by 7.0% during the first quarter. Beckerman Institutional LLC now owns 33,633 shares of the company’s stock worth $1,686,000 after purchasing an additional 2,200 shares during the period. Finally, Kestra Private Wealth Services LLC grew its stake in Simplify MBS ETF by 273.0% during the first quarter. Kestra Private Wealth Services LLC now owns 34,073 shares of the company’s stock worth $1,708,000 after buying an additional 24,939 shares in the last quarter.

Simplify MBS ETF Price Performance

MTBA stock opened at $50.48 on Wednesday. The company’s 50-day moving average price is $50.54 and its two-hundred day moving average price is $50.12. Simplify MBS ETF has a 12 month low of $49.10 and a 12 month high of $50.88.

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.