57,652 Shares in Simplify MBS ETF $MTBA Purchased by Narwhal Capital Management

Narwhal Capital Management acquired a new stake in Simplify MBS ETF (NYSEARCA:MTBA) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 57,652 shares of the company’s stock, valued at approximately $2,696,000. Narwhal Capital Management owned about 0.30% of Simplify MBS ETF as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Edge Wealth Management LLC grew its holdings in shares of Simplify MBS ETF by 1.8% in the second quarter. Edge Wealth Management LLC now owns 1,090,758 shares of the company’s stock worth $53,523,000 after purchasing an additional 19,399 shares during the last quarter. Tortoise Investment Management LLC increased its stake in Simplify MBS ETF by 2.4% in the 2nd quarter. Tortoise Investment Management LLC now owns 527,409 shares of the company’s stock worth $25,880,000 after buying an additional 12,171 shares during the period. Pekin Hardy Strauss Inc. purchased a new position in Simplify MBS ETF in the 3rd quarter worth about $17,813,000. Royal Bank of Canada lifted its holdings in Simplify MBS ETF by 15.8% during the 1st quarter. Royal Bank of Canada now owns 291,789 shares of the company’s stock valued at $14,432,000 after buying an additional 39,859 shares in the last quarter. Finally, WealthPlan Investment Management LLC lifted its holdings in Simplify MBS ETF by 9.6% during the 3rd quarter. WealthPlan Investment Management LLC now owns 299,214 shares of the company’s stock valued at $13,991,000 after buying an additional 26,102 shares in the last quarter.

Simplify MBS ETF Stock Performance

Shares of MTBA stock opened at $47.50 on Wednesday. The company’s 50-day simple moving average is $47.46 and its two-hundred day simple moving average is $48.95. Simplify MBS ETF has a one year low of $46.53 and a one year high of $50.80.

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. MTBA was launched on Nov 6, 2023 and is issued by Simplify.