Andina Capital Management LLC Cuts Stake in Simplify MBS ETF $MTBA

Andina Capital Management LLC lessened its holdings in Simplify MBS ETF (NYSEARCA:MTBA) by 33.3% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 45,725 shares of the company’s stock after selling 22,861 shares during the period. Simplify MBS ETF makes up approximately 2.0% of Andina Capital Management LLC’s portfolio, making the stock its 12th largest position. Andina Capital Management LLC’s holdings in Simplify MBS ETF were worth $2,262,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Steinberganna Wealth Management increased its position in shares of Simplify MBS ETF by 1.8% during the fourth quarter. Steinberganna Wealth Management now owns 12,601 shares of the company’s stock worth $635,000 after acquiring an additional 221 shares during the period. Founders Financial Securities LLC grew its stake in Simplify MBS ETF by 4.5% during the 1st quarter. Founders Financial Securities LLC now owns 5,708 shares of the company’s stock worth $284,000 after purchasing an additional 246 shares in the last quarter. Longview Financial Advisors Inc. increased its holdings in Simplify MBS ETF by 1.2% during the 4th quarter. Longview Financial Advisors Inc. now owns 24,063 shares of the company’s stock worth $1,213,000 after purchasing an additional 279 shares during the period. Osaic Holdings Inc. increased its holdings in Simplify MBS ETF by 1.9% during the 2nd quarter. Osaic Holdings Inc. now owns 18,113 shares of the company’s stock worth $907,000 after purchasing an additional 343 shares during the period. Finally, Cambridge Advisors Inc. raised its position in Simplify MBS ETF by 1.9% in the 1st quarter. Cambridge Advisors Inc. now owns 19,506 shares of the company’s stock valued at $965,000 after purchasing an additional 363 shares in the last quarter.

Simplify MBS ETF Stock Performance

Shares of MTBA opened at $49.16 on Wednesday. The stock has a 50-day simple moving average of $49.31 and a 200-day simple moving average of $49.93. Simplify MBS ETF has a 1 year low of $48.67 and a 1 year high of $50.88.

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