Sax Wealth Advisors LLC bought a new position in shares of VanEck Mortgage REIT Income ETF (NYSEARCA:MORT – Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 30,000 shares of the company’s stock, valued at approximately $336,000.
A number of other hedge funds have also recently bought and sold shares of the company. Rebalance LLC boosted its position in shares of VanEck Mortgage REIT Income ETF by 12.6% during the 2nd quarter. Rebalance LLC now owns 39,907 shares of the company’s stock valued at $447,000 after purchasing an additional 4,458 shares in the last quarter. Hillsdale Investment Management Inc. bought a new stake in VanEck Mortgage REIT Income ETF during the first quarter worth approximately $65,000. Janney Montgomery Scott LLC grew its position in VanEck Mortgage REIT Income ETF by 26.1% in the first quarter. Janney Montgomery Scott LLC now owns 13,320 shares of the company’s stock worth $156,000 after buying an additional 2,759 shares during the last quarter. PFG Investments LLC bought a new position in shares of VanEck Mortgage REIT Income ETF in the first quarter valued at $249,000. Finally, Drive Wealth Management LLC acquired a new stake in shares of VanEck Mortgage REIT Income ETF during the 1st quarter valued at $1,503,000.
VanEck Mortgage REIT Income ETF Price Performance
Shares of MORT traded down $0.02 during trading hours on Friday, hitting $11.39. 192,271 shares of the company were exchanged, compared to its average volume of 256,816. The company has a market capitalization of $274.50 million, a PE ratio of 6.96 and a beta of 1.34. The firm has a fifty day simple moving average of $11.34 and a 200-day simple moving average of $11.19. VanEck Mortgage REIT Income ETF has a one year low of $9.40 and a one year high of $12.56.
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.
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