Breakwater Capital Group Sells 17,204 Shares of Simplify MBS ETF $MTBA

Breakwater Capital Group reduced its stake in Simplify MBS ETF (NYSEARCA:MTBA) by 15.3% during the 2nd quarter, Holdings Channel.com reports. The firm owned 95,391 shares of the company’s stock after selling 17,204 shares during the period. Breakwater Capital Group’s holdings in Simplify MBS ETF were worth $4,681,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of MTBA. MML Investors Services LLC lifted its stake in shares of Simplify MBS ETF by 7.1% during the 4th quarter. MML Investors Services LLC now owns 1,755,656 shares of the company’s stock worth $88,503,000 after buying an additional 116,584 shares during the last quarter. Watchman Group Inc. grew its stake in Simplify MBS ETF by 5.6% in the 1st quarter. Watchman Group Inc. now owns 877,875 shares of the company’s stock valued at $43,420,000 after buying an additional 46,655 shares during the last quarter. Hilton Capital Management LLC grew its stake in Simplify MBS ETF by 0.6% in the 4th quarter. Hilton Capital Management LLC now owns 841,350 shares of the company’s stock valued at $42,412,000 after buying an additional 4,855 shares during the last quarter. LPL Financial LLC raised its holdings in Simplify MBS ETF by 1.3% in the 4th quarter. LPL Financial LLC now owns 561,544 shares of the company’s stock valued at $28,307,000 after acquiring an additional 7,056 shares during the period. Finally, Tortoise Investment Management LLC raised its holdings in Simplify MBS ETF by 12.5% in the 4th quarter. Tortoise Investment Management LLC now owns 470,695 shares of the company’s stock valued at $23,728,000 after acquiring an additional 52,377 shares during the period.

Simplify MBS ETF Stock Performance

Shares of MTBA stock opened at $48.68 on Friday. The firm has a 50 day moving average price of $48.96 and a two-hundred day moving average price of $49.56. Simplify MBS ETF has a 12-month low of $48.37 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. MTBA was launched on Nov 6, 2023 and is issued by Simplify.