Simplify MBS ETF $MTBA Shares Sold by Bar Harbor Wealth Management

Bar Harbor Wealth Management lowered its stake in Simplify MBS ETF (NYSEARCA:MTBA) by 10.2% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 245,329 shares of the company’s stock after selling 27,841 shares during the period. Bar Harbor Wealth Management’s holdings in Simplify MBS ETF were worth $12,134,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of MTBA. Tradewinds Capital Management LLC acquired a new stake in shares of Simplify MBS ETF during the 4th quarter valued at $50,000. Kestra Advisory Services LLC acquired a new position in shares of Simplify MBS ETF in the 4th quarter worth $71,000. Raymond James Financial Inc. acquired a new position in shares of Simplify MBS ETF in the 2nd quarter worth $111,000. Harbour Investments Inc. grew its holdings in shares of Simplify MBS ETF by 105.3% in the 4th quarter. Harbour Investments Inc. now owns 2,580 shares of the company’s stock worth $130,000 after acquiring an additional 1,323 shares during the last quarter. Finally, Strive Financial Group LLC acquired a new stake in shares of Simplify MBS ETF during the fourth quarter worth $140,000.

Simplify MBS ETF Price Performance

Shares of NYSEARCA MTBA opened at $49.16 on Wednesday. Simplify MBS ETF has a 12 month low of $48.67 and a 12 month high of $50.88. The business has a fifty day simple moving average of $49.31 and a 200-day simple moving average of $49.93.

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