Wells Fargo & Company MN Sells 61,450 Shares of Simplify MBS ETF (NYSEARCA:MTBA)

Wells Fargo & Company MN lessened its holdings in Simplify MBS ETF (NYSEARCA:MTBA) by 3.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,567,191 shares of the company’s stock after selling 61,450 shares during the period. Wells Fargo & Company MN owned 12.06% of Simplify MBS ETF worth $77,874,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in MTBA. Proficio Capital Partners LLC raised its position in shares of Simplify MBS ETF by 2,665.2% in the fourth quarter. Proficio Capital Partners LLC now owns 8,119,926 shares of the company’s stock valued at $403,479,000 after purchasing an additional 7,826,276 shares during the period. Morling Financial Advisors LLC bought a new position in Simplify MBS ETF in the 4th quarter valued at about $13,987,000. Convergence Financial LLC acquired a new stake in Simplify MBS ETF during the fourth quarter worth approximately $11,750,000. Compass Capital Corp MA ADV bought a new stake in shares of Simplify MBS ETF during the fourth quarter worth approximately $9,221,000. Finally, Ethos Financial Group LLC acquired a new position in shares of Simplify MBS ETF in the fourth quarter valued at approximately $8,980,000.

Simplify MBS ETF Price Performance

NYSEARCA:MTBA opened at $49.76 on Wednesday. The stock has a 50 day simple moving average of $50.08 and a 200 day simple moving average of $50.20. Simplify MBS ETF has a 1-year low of $49.10 and a 1-year high of $51.97.

Simplify MBS ETF Announces Dividend

The company also recently announced a dividend, which was paid on Monday, March 31st. Stockholders of record on Wednesday, March 26th were issued a dividend of $0.25 per share. The ex-dividend date was Wednesday, March 26th.

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.