Evergreen Capital Management LLC Boosts Stake in Simplify MBS ETF (NYSEARCA:MTBA)

Evergreen Capital Management LLC increased its position in Simplify MBS ETF (NYSEARCA:MTBA) by 153.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 427,345 shares of the company’s stock after buying an additional 258,765 shares during the period. Simplify MBS ETF accounts for about 0.8% of Evergreen Capital Management LLC’s investment portfolio, making the stock its 22nd biggest position. Evergreen Capital Management LLC owned about 3.29% of Simplify MBS ETF worth $21,521,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Simplify Asset Management Inc. bought a new stake in Simplify MBS ETF during the second quarter worth approximately $44,541,000. Leuthold Group LLC bought a new position in shares of Simplify MBS ETF during the second quarter valued at approximately $9,356,000. J.W. Cole Advisors Inc. bought a new position in shares of Simplify MBS ETF during the second quarter valued at approximately $960,000. Envestnet Asset Management Inc. grew its stake in shares of Simplify MBS ETF by 16.0% during the second quarter. Envestnet Asset Management Inc. now owns 951,569 shares of the company’s stock valued at $47,921,000 after buying an additional 131,095 shares during the last quarter. Finally, Wedbush Securities Inc. grew its stake in shares of Simplify MBS ETF by 4.0% during the second quarter. Wedbush Securities Inc. now owns 18,099 shares of the company’s stock valued at $911,000 after buying an additional 696 shares during the last quarter.

Simplify MBS ETF Stock Down 0.2 %

MTBA opened at $51.82 on Monday. The stock’s 50 day moving average price is $51.34 and its 200-day moving average price is $50.80. Simplify MBS ETF has a one year low of $49.51 and a one year high of $51.97.

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.