Priebe Wealth Holdings LLC Raises Stock Position in Simplify MBS ETF $MTBA

Priebe Wealth Holdings LLC boosted its position in shares of Simplify MBS ETF (NYSEARCA:MTBA) by 31.0% in the second quarter, Holdings Channel reports. The firm owned 123,100 shares of the company’s stock after purchasing an additional 29,100 shares during the period. Simplify MBS ETF accounts for 5.3% of Priebe Wealth Holdings LLC’s investment portfolio, making the stock its 4th biggest holding. Priebe Wealth Holdings LLC’s holdings in Simplify MBS ETF were worth $6,166,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of MTBA. Farther Finance Advisors LLC grew its holdings in Simplify MBS ETF by 244.5% during the first quarter. Farther Finance Advisors LLC now owns 727 shares of the company’s stock valued at $37,000 after purchasing an additional 516 shares during the period. AlphaCore Capital LLC acquired a new position in Simplify MBS ETF during the first quarter valued at approximately $50,000. Thurston Springer Miller Herd & Titak Inc. grew its holdings in Simplify MBS ETF by 37.0% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,245 shares of the company’s stock valued at $62,000 after purchasing an additional 336 shares during the period. Creative Financial Designs Inc. ADV grew its holdings in Simplify MBS ETF by 288.9% during the first quarter. Creative Financial Designs Inc. ADV now owns 1,750 shares of the company’s stock valued at $88,000 after purchasing an additional 1,300 shares during the period. Finally, WPG Advisers LLC acquired a new position in Simplify MBS ETF during the first quarter valued at approximately $89,000.

Simplify MBS ETF Stock Performance

Shares of NYSEARCA MTBA opened at $50.51 on Monday. The firm has a 50 day moving average price of $50.39 and a 200 day moving average price of $50.02. Simplify MBS ETF has a 52-week low of $49.10 and a 52-week high of $51.07.

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.