BlackDiamond Wealth Management LLC Sells 5,838 Shares of Simplify MBS ETF (NYSEARCA:MTBA)

BlackDiamond Wealth Management LLC lessened its stake in shares of Simplify MBS ETF (NYSEARCA:MTBA) by 11.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 44,449 shares of the company’s stock after selling 5,838 shares during the period. Simplify MBS ETF makes up approximately 1.3% of BlackDiamond Wealth Management LLC’s portfolio, making the stock its 24th biggest position. BlackDiamond Wealth Management LLC’s holdings in Simplify MBS ETF were worth $2,209,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Investors Research Corp bought a new stake in shares of Simplify MBS ETF in the third quarter worth $46,000. Webster Bank N. A. bought a new stake in shares of Simplify MBS ETF in the fourth quarter worth $50,000. Citizens National Bank Trust Department bought a new stake in shares of Simplify MBS ETF in the fourth quarter worth $60,000. Endeavor Private Wealth Inc. bought a new stake in shares of Simplify MBS ETF in the fourth quarter worth $130,000. Finally, Principal Securities Inc. grew its stake in shares of Simplify MBS ETF by 16.6% in the fourth quarter. Principal Securities Inc. now owns 4,103 shares of the company’s stock worth $204,000 after purchasing an additional 584 shares during the last quarter.

Simplify MBS ETF Price Performance

Shares of Simplify MBS ETF stock opened at $50.18 on Tuesday. Simplify MBS ETF has a twelve month low of $49.10 and a twelve month high of $51.97. The company’s fifty day moving average is $49.88 and its 200 day moving average is $50.37.

Simplify MBS ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, February 28th. Investors of record on Tuesday, February 25th were paid a $0.25 dividend. The ex-dividend date of this dividend was Tuesday, February 25th.

Simplify MBS ETF Company 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.