Truist Financial Corp Lowers Position in Simplify MBS ETF (NYSEARCA:MTBA)

Truist Financial Corp reduced its stake in Simplify MBS ETF (NYSEARCA:MTBA) by 2.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 102,606 shares of the company’s stock after selling 2,140 shares during the period. Truist Financial Corp’s holdings in Simplify MBS ETF were worth $5,098,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Sanctuary Advisors LLC raised its stake in shares of Simplify MBS ETF by 24.3% in the 4th quarter. Sanctuary Advisors LLC now owns 146,783 shares of the company’s stock valued at $7,302,000 after acquiring an additional 28,710 shares during the period. Csenge Advisory Group boosted its position in shares of Simplify MBS ETF by 5.3% during the 4th quarter. Csenge Advisory Group now owns 10,366 shares of the company’s stock worth $515,000 after purchasing an additional 518 shares during the period. Principal Securities Inc. increased its holdings in Simplify MBS ETF by 16.6% in the 4th quarter. Principal Securities Inc. now owns 4,103 shares of the company’s stock valued at $204,000 after purchasing an additional 584 shares during the last quarter. Beckerman Institutional LLC raised its position in Simplify MBS ETF by 72.1% in the fourth quarter. Beckerman Institutional LLC now owns 31,433 shares of the company’s stock valued at $1,562,000 after purchasing an additional 13,171 shares during the period. Finally, Kestra Private Wealth Services LLC lifted its stake in Simplify MBS ETF by 9.3% during the fourth quarter. Kestra Private Wealth Services LLC now owns 9,134 shares of the company’s stock worth $454,000 after purchasing an additional 774 shares in the last quarter.

Simplify MBS ETF Stock Performance

MTBA opened at $50.16 on Monday. Simplify MBS ETF has a 52 week low of $49.10 and a 52 week high of $51.97. The business has a fifty day simple moving average of $49.73 and a 200-day simple moving average of $50.50.

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.