Narwhal Capital Management Has $2.51 Million Position in Simplify MBS ETF (NYSEARCA:MTBA)

Narwhal Capital Management grew its holdings in Simplify MBS ETF (NYSEARCA:MTBA) by 4.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 50,489 shares of the company’s stock after purchasing an additional 2,354 shares during the quarter. Narwhal Capital Management owned about 0.39% of Simplify MBS ETF worth $2,509,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in MTBA. Investors Research Corp bought a new stake in Simplify MBS ETF in the third quarter valued at $46,000. Endeavor Private Wealth Inc. acquired a new stake in shares of Simplify MBS ETF in the 4th quarter valued at about $130,000. Ables Iannone Moore & Associates Inc. bought a new stake in Simplify MBS ETF in the 3rd quarter valued at about $212,000. Smith Anglin Financial LLC acquired a new position in Simplify MBS ETF during the 4th quarter worth approximately $228,000. Finally, Sharp Financial Services LLC bought a new position in Simplify MBS ETF in the fourth quarter worth approximately $258,000.

Simplify MBS ETF Stock Performance

NYSEARCA MTBA opened at $49.72 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 50 day moving average price of $49.92 and a 200-day moving average price of $50.66.

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.