Fmr LLC Reduces Stake in VanEck Mortgage REIT Income ETF (NYSEARCA:MORT)

Fmr LLC trimmed its position in shares of VanEck Mortgage REIT Income ETF (NYSEARCA:MORT) by 42.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,926 shares of the company’s stock after selling 2,173 shares during the quarter. Fmr LLC’s holdings in VanEck Mortgage REIT Income ETF were worth $35,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of MORT. Drive Wealth Management LLC raised its stake in shares of VanEck Mortgage REIT Income ETF by 64.0% during the 3rd quarter. Drive Wealth Management LLC now owns 273,021 shares of the company’s stock worth $3,295,000 after buying an additional 106,518 shares during the last quarter. Realta Investment Advisors increased its stake in shares of VanEck Mortgage REIT Income ETF by 337.5% during the 3rd quarter. Realta Investment Advisors now owns 5,106 shares of the company’s stock worth $58,000 after purchasing an additional 3,939 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in shares of VanEck Mortgage REIT Income ETF by 25.4% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 34,631 shares of the company’s stock worth $418,000 after purchasing an additional 7,022 shares during the last quarter. Future Financial Wealth Managment LLC purchased a new stake in VanEck Mortgage REIT Income ETF in the 3rd quarter valued at approximately $54,000. Finally, Mattson Financial Services LLC purchased a new stake in VanEck Mortgage REIT Income ETF in the 2nd quarter valued at approximately $47,000.

VanEck Mortgage REIT Income ETF Stock Performance

VanEck Mortgage REIT Income ETF stock opened at $11.05 on Thursday. VanEck Mortgage REIT Income ETF has a fifty-two week low of $10.31 and a fifty-two week high of $12.56. The company has a market capitalization of $266.31 million, a price-to-earnings ratio of 6.96 and a beta of 1.34. The stock has a fifty day moving average of $11.28 and a two-hundred day moving average of $11.45.

About VanEck Mortgage REIT Income ETF

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.