Seneca House Advisors Purchases 3,827 Shares of Simplify MBS ETF (NYSEARCA:MTBA)

Seneca House Advisors increased its position in Simplify MBS ETF (NYSEARCA:MTBA) by 5.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 73,251 shares of the company’s stock after purchasing an additional 3,827 shares during the quarter. Simplify MBS ETF makes up about 1.5% of Seneca House Advisors’ portfolio, making the stock its 23rd biggest position. Seneca House Advisors owned approximately 0.23% of Simplify MBS ETF worth $3,673,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Huntington National Bank raised its stake in Simplify MBS ETF by 1,510.9% in the 4th quarter. Huntington National Bank now owns 886 shares of the company’s stock worth $44,000 after acquiring an additional 831 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Simplify MBS ETF in the 1st quarter worth $46,000. Citizens National Bank Trust Department purchased a new position in Simplify MBS ETF in the 4th quarter worth $60,000. Comerica Bank raised its stake in shares of Simplify MBS ETF by 71.6% during the 4th quarter. Comerica Bank now owns 3,000 shares of the company’s stock valued at $149,000 after buying an additional 1,252 shares during the last quarter. Finally, Principal Securities Inc. raised its stake in shares of Simplify MBS ETF by 16.6% during the 4th quarter. Principal Securities Inc. now owns 4,103 shares of the company’s stock valued at $204,000 after buying an additional 584 shares during the last quarter.

Simplify MBS ETF Trading Down 0.4%

NYSEARCA MTBA opened at $49.48 on Friday. Simplify MBS ETF has a fifty-two week low of $49.10 and a fifty-two week high of $51.97. The stock has a 50-day simple moving average of $49.76 and a two-hundred day simple moving average of $49.91.

About Simplify MBS ETF

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.