HighTower Advisors LLC Acquires 8,100 Shares of Simplify MBS ETF (NYSEARCA:MTBA)

HighTower Advisors LLC grew its holdings in shares of Simplify MBS ETF (NYSEARCA:MTBA) by 81.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 18,034 shares of the company’s stock after acquiring an additional 8,100 shares during the period. HighTower Advisors LLC’s holdings in Simplify MBS ETF were worth $896,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Webster Bank N. A. bought a new position in Simplify MBS ETF in the 4th quarter worth about $50,000. Citizens National Bank Trust Department purchased a new position in Simplify MBS ETF in the fourth quarter worth about $60,000. Endeavor Private Wealth Inc. bought a new position in shares of Simplify MBS ETF in the fourth quarter worth approximately $130,000. Principal Securities Inc. grew its holdings in shares of Simplify MBS ETF by 16.6% during the fourth 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. Finally, Steward Partners Investment Advisory LLC increased its position in shares of Simplify MBS ETF by 98.7% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,118 shares of the company’s stock valued at $205,000 after acquiring an additional 2,046 shares in the last quarter.

Simplify MBS ETF Stock Performance

Shares of NYSEARCA MTBA opened at $49.94 on Friday. Simplify MBS ETF has a twelve month low of $49.10 and a twelve month high of $51.97. The company has a 50 day moving average of $50.01 and a 200 day moving average of $50.32.

Simplify MBS ETF Announces Dividend

The firm also recently declared a dividend, which will be paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th will be paid a $0.25 dividend. The ex-dividend date is Wednesday, March 26th.

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.