Envestnet Asset Management Inc. Boosts Stake in VanEck Mortgage REIT Income ETF (NYSEARCA:MORT)

Envestnet Asset Management Inc. boosted its holdings in VanEck Mortgage REIT Income ETF (NYSEARCA:MORT) by 64.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 70,391 shares of the company’s stock after purchasing an additional 27,623 shares during the quarter. Envestnet Asset Management Inc. owned about 0.29% of VanEck Mortgage REIT Income ETF worth $748,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Hollencrest Capital Management acquired a new position in VanEck Mortgage REIT Income ETF in the 4th quarter valued at about $75,000. Hillsdale Investment Management Inc. raised its stake in shares of VanEck Mortgage REIT Income ETF by 37.8% during the 4th quarter. Hillsdale Investment Management Inc. now owns 8,930 shares of the company’s stock worth $95,000 after buying an additional 2,450 shares during the last quarter. Advyzon Investment Management LLC acquired a new position in shares of VanEck Mortgage REIT Income ETF during the 4th quarter worth $155,000. Jane Street Group LLC acquired a new stake in shares of VanEck Mortgage REIT Income ETF in the third quarter valued at approximately $184,000. Finally, Gilman Hill Asset Management LLC purchased a new position in shares of VanEck Mortgage REIT Income ETF during the 4th quarter worth approximately $191,000.

VanEck Mortgage REIT Income ETF Stock Performance

VanEck Mortgage REIT Income ETF stock opened at $10.24 on Friday. The company has a market capitalization of $282.62 million, a price-to-earnings ratio of 9.67 and a beta of 1.29. VanEck Mortgage REIT Income ETF has a fifty-two week low of $8.81 and a fifty-two week high of $12.36. The stock has a fifty day moving average of $10.60 and a two-hundred day moving average of $10.96.

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.