Narwhal Capital Management Raises Stake in Simplify MBS ETF (NYSEARCA:MTBA)

Narwhal Capital Management increased its stake in shares of Simplify MBS ETF (NYSEARCA:MTBA) by 4.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 50,489 shares of the company’s stock after buying an additional 2,354 shares during the period. Narwhal Capital Management’s holdings in Simplify MBS ETF were worth $2,509,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Investors Research Corp bought a new position in shares of Simplify MBS ETF during the 3rd quarter worth $46,000. Endeavor Private Wealth Inc. purchased a new stake in Simplify MBS ETF during the fourth quarter valued at about $130,000. Ables Iannone Moore & Associates Inc. purchased a new stake in Simplify MBS ETF during the third quarter valued at about $212,000. Smith Anglin Financial LLC bought a new position in Simplify MBS ETF during the fourth quarter worth about $228,000. Finally, Sharp Financial Services LLC purchased a new position in shares of Simplify MBS ETF in the fourth quarter worth about $258,000.

Simplify MBS ETF Price Performance

NYSEARCA MTBA opened at $49.72 on Monday. The company’s 50 day moving average is $49.92 and its 200-day moving average is $50.66. Simplify MBS ETF has a 12-month low of $49.10 and a 12-month high of $51.97.

Simplify MBS ETF Company 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.