Envestnet Portfolio Solutions Inc. Grows Position in Simplify MBS ETF $MTBA

Envestnet Portfolio Solutions Inc. increased its position in Simplify MBS ETF (NYSEARCA:MTBA) by 19.5% during the 3rd quarter, Holdings Channel.com reports. The firm owned 96,794 shares of the company’s stock after purchasing an additional 15,825 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Simplify MBS ETF were worth $4,874,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Bank of New York Mellon Corp purchased a new position in Simplify MBS ETF during the second quarter valued at $13,278,000. Sharp Financial Services LLC lifted its position in Simplify MBS ETF by 56.7% during the 2nd quarter. Sharp Financial Services LLC now owns 7,050 shares of the company’s stock valued at $353,000 after acquiring an additional 2,550 shares during the period. Priebe Wealth Holdings LLC boosted its stake in Simplify MBS ETF by 31.0% during the second quarter. Priebe Wealth Holdings LLC now owns 123,100 shares of the company’s stock worth $6,166,000 after acquiring an additional 29,100 shares in the last quarter. Narwhal Capital Management boosted its stake in Simplify MBS ETF by 22.2% during the second quarter. Narwhal Capital Management now owns 71,250 shares of the company’s stock worth $3,569,000 after acquiring an additional 12,928 shares in the last quarter. Finally, Meridian Wealth Management LLC purchased a new stake in Simplify MBS ETF in the second quarter worth about $471,000.

Simplify MBS ETF Stock Up 0.0%

Shares of NYSEARCA MTBA opened at $50.55 on Friday. The company has a 50 day simple moving average of $50.47 and a two-hundred day simple moving average of $50.38. Simplify MBS ETF has a fifty-two week low of $49.16 and a fifty-two week high of $50.88.

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. MTBA was launched on Nov 6, 2023 and is issued by Simplify.