Pekin Hardy Strauss Inc. boosted its position in Simplify MBS ETF (NYSEARCA:MTBA – Free Report) by 9.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 141,161 shares of the company’s stock after buying an additional 12,156 shares during the quarter. Simplify MBS ETF makes up approximately 0.9% of Pekin Hardy Strauss Inc.’s portfolio, making the stock its 22nd biggest position. Pekin Hardy Strauss Inc. owned about 1.09% of Simplify MBS ETF worth $7,267,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also bought and sold shares of the business. Investors Research Corp purchased a new position in shares of Simplify MBS ETF in the third quarter worth about $46,000. Tortoise Investment Management LLC purchased a new position in Simplify MBS ETF in the 2nd quarter worth approximately $108,000. Narus Financial Partners LLC bought a new stake in Simplify MBS ETF in the second quarter valued at approximately $212,000. Ables Iannone Moore & Associates Inc. bought a new stake in Simplify MBS ETF in the third quarter valued at approximately $212,000. Finally, Whittier Trust Co. purchased a new stake in shares of Simplify MBS ETF during the second quarter valued at approximately $248,000.
Simplify MBS ETF Stock Performance
Shares of Simplify MBS ETF stock opened at $50.16 on Friday. The company’s 50 day moving average price is $50.78 and its 200-day moving average price is $50.85. Simplify MBS ETF has a 52-week low of $49.51 and a 52-week high of $51.97.
About Simplify MBS ETF
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.
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