Simplify MBS ETF $MTBA Stock Position Increased by GK Wealth Management LLC

GK Wealth Management LLC boosted its position in Simplify MBS ETF (NYSEARCA:MTBA) by 23.2% during the 1st quarter, HoldingsChannel reports. The firm owned 25,054 shares of the company’s stock after buying an additional 4,717 shares during the quarter. Simplify MBS ETF makes up about 1.5% of GK Wealth Management LLC’s investment portfolio, making the stock its 15th largest position. GK Wealth Management LLC’s holdings in Simplify MBS ETF were worth $1,256,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Geneos Wealth Management Inc. lifted its position in Simplify MBS ETF by 270.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 27,330 shares of the company’s stock valued at $1,370,000 after purchasing an additional 19,953 shares during the last quarter. Anchor Investment Management LLC lifted its position in Simplify MBS ETF by 13.4% in the 1st quarter. Anchor Investment Management LLC now owns 38,889 shares of the company’s stock valued at $1,950,000 after purchasing an additional 4,600 shares during the last quarter. Goldman Sachs Group Inc. bought a new stake in Simplify MBS ETF in the 1st quarter valued at about $518,000. Knightsbridge Asset Management LLC grew its stake 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 worth $28,651,000 after purchasing an additional 13,678 shares in the last quarter. Finally, NewEdge Advisors LLC grew its stake in shares of Simplify MBS ETF by 37.6% in the first quarter. NewEdge Advisors LLC now owns 21,834 shares of the company’s stock worth $1,095,000 after purchasing an additional 5,970 shares in the last quarter.

Simplify MBS ETF Price Performance

NYSEARCA:MTBA opened at $50.65 on Thursday. Simplify MBS ETF has a 1 year low of $49.10 and a 1 year high of $51.97. The business has a fifty day moving average of $50.11 and a 200-day moving average of $49.98.

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.