Breakwater Capital Group Grows Position in Simplify MBS ETF $MTBA

Breakwater Capital Group raised its stake in shares of Simplify MBS ETF (NYSEARCA:MTBA) by 31.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 112,595 shares of the company’s stock after purchasing an additional 26,676 shares during the quarter. Simplify MBS ETF comprises 0.7% of Breakwater Capital Group’s holdings, making the stock its 29th biggest position. Breakwater Capital Group owned approximately 0.33% of Simplify MBS ETF worth $5,569,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Tradewinds Capital Management LLC purchased a new stake in shares of Simplify MBS ETF during the fourth quarter valued at $50,000. Kestra Advisory Services LLC acquired a new position in shares of Simplify MBS ETF in the 4th quarter valued at $71,000. Raymond James Financial Inc. purchased a new position in Simplify MBS ETF in the 2nd quarter worth $111,000. Harbour Investments Inc. raised its stake in Simplify MBS ETF by 105.3% in the 4th quarter. Harbour Investments Inc. now owns 2,580 shares of the company’s stock worth $130,000 after acquiring an additional 1,323 shares during the last quarter. Finally, Strive Financial Group LLC acquired a new stake in Simplify MBS ETF during the 4th quarter worth about $140,000.

Simplify MBS ETF Trading Up 0.4%

Simplify MBS ETF stock opened at $49.37 on Thursday. The business’s 50-day simple moving average is $49.30 and its two-hundred day simple moving average is $49.92. Simplify MBS ETF has a fifty-two week low of $48.67 and a fifty-two week high of $50.88.

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