Pekin Hardy Strauss Inc. lessened its holdings in shares of Simplify MBS ETF (NYSEARCA:MTBA – Free Report) by 4.4% during the second quarter, Holdings Channel.com reports. The institutional investor owned 129,005 shares of the company’s stock after selling 5,885 shares during the quarter. Simplify MBS ETF accounts for approximately 0.9% of Pekin Hardy Strauss Inc.’s portfolio, making the stock its 24th largest position. Pekin Hardy Strauss Inc.’s holdings in Simplify MBS ETF were worth $6,497,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently bought and sold shares of MTBA. Tortoise Investment Management LLC bought a new position in shares of Simplify MBS ETF during the 2nd quarter worth approximately $108,000. Narus Financial Partners LLC acquired a new stake in Simplify MBS ETF during the 2nd quarter valued at $212,000. Whittier Trust Co. bought a new position in Simplify MBS ETF during the second quarter worth $248,000. Calamos Advisors LLC boosted its position in Simplify MBS ETF by 16.7% during the second quarter. Calamos Advisors LLC now owns 5,148 shares of the company’s stock worth $259,000 after purchasing an additional 736 shares during the period. Finally, Cove Street Capital LLC acquired a new position in shares of Simplify MBS ETF in the first quarter valued at $392,000.
Simplify MBS ETF Stock Performance
NYSEARCA MTBA opened at $51.94 on Tuesday. The firm has a 50-day moving average of $51.25 and a 200-day moving average of $50.77. Simplify MBS ETF has a 52-week low of $49.51 and a 52-week high of $51.94.
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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Want to see what other hedge funds are holding MTBA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Simplify MBS ETF (NYSEARCA:MTBA – Free Report).
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