Hart & Patterson Financial Group LLC Has $3.38 Million Holdings in Simplify MBS ETF (NYSEARCA:MTBA)

Hart & Patterson Financial Group LLC lifted its position in shares of Simplify MBS ETF (NYSEARCA:MTBA) by 3.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 67,974 shares of the company’s stock after purchasing an additional 2,417 shares during the quarter. Simplify MBS ETF accounts for 1.6% of Hart & Patterson Financial Group LLC’s investment portfolio, making the stock its 23rd largest holding. Hart & Patterson Financial Group LLC owned 0.52% of Simplify MBS ETF worth $3,378,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Investors Research Corp acquired a new position in Simplify MBS ETF during the third quarter worth $46,000. Ables Iannone Moore & Associates Inc. bought a new stake in Simplify MBS ETF during the 3rd quarter worth approximately $212,000. Straight Path Wealth Management raised its stake in shares of Simplify MBS ETF by 22.6% in the second quarter. Straight Path Wealth Management now owns 5,160 shares of the company’s stock worth $260,000 after purchasing an additional 950 shares during the last quarter. Wedmont Private Capital purchased a new position in shares of Simplify MBS ETF during the fourth quarter valued at approximately $263,000. Finally, First National Bank Sioux Falls bought a new stake in Simplify MBS ETF during the fourth quarter worth $298,000.

Simplify MBS ETF Stock Performance

Shares of NYSEARCA:MTBA opened at $49.15 on Tuesday. The stock’s fifty day simple moving average is $50.01 and its two-hundred day simple moving average is $50.71. Simplify MBS ETF has a 1-year low of $49.10 and a 1-year high of $51.97.

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.