Breakwater Capital Group Boosts Position in Simplify MBS ETF $MTBA

Breakwater Capital Group raised its holdings in shares of Simplify MBS ETF (NYSEARCA:MTBA) by 31.0% in the 1st quarter, HoldingsChannel.com reports. The fund owned 112,595 shares of the company’s stock after buying an additional 26,676 shares during the quarter. Simplify MBS ETF comprises approximately 0.7% of Breakwater Capital Group’s holdings, making the stock its 29th largest holding. Breakwater Capital Group’s holdings in Simplify MBS ETF were worth $5,569,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Tradewinds Capital Management LLC acquired a new stake in shares of Simplify MBS ETF in the fourth quarter worth $50,000. Kestra Advisory Services LLC purchased a new position in shares of Simplify MBS ETF during the fourth quarter worth $71,000. Raymond James Financial Inc. acquired a new position in Simplify MBS ETF during the second quarter valued at $111,000. Harbour Investments Inc. lifted its position in Simplify MBS ETF by 105.3% during the fourth quarter. Harbour Investments Inc. now owns 2,580 shares of the company’s stock valued at $130,000 after purchasing an additional 1,323 shares during the period. Finally, Strive Financial Group LLC purchased a new stake in Simplify MBS ETF in the fourth quarter valued at $140,000.

Simplify MBS ETF Stock Up 0.4%

Shares of MTBA opened at $49.37 on Thursday. The business’s 50-day moving average is $49.30 and its two-hundred day 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.

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