Narwhal Capital Management lifted its holdings in shares of Simplify MBS ETF (NYSEARCA:MTBA – Free Report) by 42.9% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 48,135 shares of the company’s stock after purchasing an additional 14,447 shares during the quarter. Narwhal Capital Management’s holdings in Simplify MBS ETF were worth $2,478,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Tortoise Investment Management LLC acquired a new position in shares of Simplify MBS ETF in the 2nd quarter valued at $108,000. Narus Financial Partners LLC purchased a new position in shares of Simplify MBS ETF during the second quarter worth about $212,000. Ables Iannone Moore & Associates Inc. purchased a new position in shares of Simplify MBS ETF during the third quarter worth about $212,000. Whittier Trust Co. purchased a new stake in shares of Simplify MBS ETF in the 2nd quarter valued at about $248,000. Finally, Calamos Advisors LLC lifted its holdings in shares of Simplify MBS ETF by 16.7% in the 2nd quarter. Calamos Advisors LLC now owns 5,148 shares of the company’s stock valued at $259,000 after purchasing an additional 736 shares during the last quarter.
Simplify MBS ETF Stock Performance
Shares of MTBA opened at $50.55 on Wednesday. The company’s 50 day simple moving average is $51.40 and its 200-day simple moving average is $50.84. Simplify MBS ETF has a 12-month low of $49.51 and a 12-month high of $51.97.
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.
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