International Assets Investment Management LLC Takes $3.04 Million Position in VanEck Mortgage REIT Income ETF (NYSEARCA:MORT)

International Assets Investment Management LLC purchased a new stake in VanEck Mortgage REIT Income ETF (NYSEARCA:MORT) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 256,790 shares of the company’s stock, valued at approximately $3,035,000.

Several other hedge funds and other institutional investors also recently modified their holdings of MORT. Money Concepts Capital Corp increased its stake in shares of VanEck Mortgage REIT Income ETF by 614.0% in the 4th quarter. Money Concepts Capital Corp now owns 2,142 shares of the company’s stock valued at $25,000 after purchasing an additional 1,842 shares during the last quarter. Bank of Montreal Can increased its stake in shares of VanEck Mortgage REIT Income ETF by 69.7% in the 1st quarter. Bank of Montreal Can now owns 1,697 shares of the company’s stock valued at $29,000 after purchasing an additional 697 shares during the last quarter. Guardian Wealth Advisors LLC NC bought a new position in shares of VanEck Mortgage REIT Income ETF in the 1st quarter valued at $40,000. Advisory Services Network LLC increased its stake in shares of VanEck Mortgage REIT Income ETF by 35.2% in the 1st quarter. Advisory Services Network LLC now owns 4,271 shares of the company’s stock valued at $48,000 after purchasing an additional 1,113 shares during the last quarter. Finally, PNC Financial Services Group Inc. bought a new stake in VanEck Mortgage REIT Income ETF during the 1st quarter worth $51,000.

VanEck Mortgage REIT Income ETF Stock Up 0.8 %

Shares of MORT stock opened at $10.51 on Friday. The firm has a market capitalization of $242.78 million, a P/E ratio of 6.50 and a beta of 1.51. VanEck Mortgage REIT Income ETF has a twelve month low of $9.40 and a twelve month high of $12.56. The stock’s fifty day simple moving average is $11.09 and its 200 day simple moving average is $11.13.

VanEck Mortgage REIT Income ETF Company Profile

The VanEck Mortgage REIT Income ETF (MORT) is an exchange-traded fund that is based on the MVIS US Mortgage REITs index, a market-cap-weighted index of mortgage REITs. MORT was launched on Aug 16, 2011 and is managed by VanEck.