Simplify MBS ETF $MTBA Position Reduced by Morling Financial Advisors LLC

Morling Financial Advisors LLC decreased its holdings in Simplify MBS ETF (NYSEARCA:MTBA) by 1.8% in the 2nd quarter, Holdings Channel.com reports. The firm owned 295,026 shares of the company’s stock after selling 5,377 shares during the period. Simplify MBS ETF makes up 4.8% of Morling Financial Advisors LLC’s investment portfolio, making the stock its 8th largest position. Morling Financial Advisors LLC’s holdings in Simplify MBS ETF were worth $14,778,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of MTBA. Envestnet Asset Management Inc. boosted its holdings in Simplify MBS ETF by 2.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,976,092 shares of the company’s stock worth $98,982,000 after buying an additional 46,350 shares during the period. Evergreen Capital Management LLC lifted its position in shares of Simplify MBS ETF by 42.7% during the first quarter. Evergreen Capital Management LLC now owns 1,058,867 shares of the company’s stock worth $53,092,000 after acquiring an additional 316,987 shares in the last quarter. Mill Creek Capital Advisors LLC boosted its holdings in shares of Simplify MBS ETF by 3.5% in the first quarter. Mill Creek Capital Advisors LLC now owns 737,341 shares of the company’s stock worth $36,970,000 after acquiring an additional 25,264 shares during the period. Watchman Group Inc. boosted its holdings in shares of Simplify MBS ETF by 21.5% in the first quarter. Watchman Group Inc. now owns 705,768 shares of the company’s stock worth $35,387,000 after acquiring an additional 124,842 shares during the period. Finally, Knightsbridge Asset Management LLC grew its position in shares of Simplify MBS ETF by 2.5% in the first quarter. Knightsbridge Asset Management LLC now owns 571,421 shares of the company’s stock valued at $28,651,000 after purchasing an additional 13,678 shares in the last quarter.

Simplify MBS ETF Price Performance

Shares of MTBA opened at $50.41 on Wednesday. Simplify MBS ETF has a 52-week low of $49.10 and a 52-week high of $50.88. The stock’s 50-day simple moving average is $50.53 and its 200 day simple moving average is $50.14.

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.