42,855 Shares in VanEck Mortgage REIT Income ETF (NYSEARCA:MORT) Bought by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. bought a new position in VanEck Mortgage REIT Income ETF (NYSEARCA:MORT) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 42,855 shares of the company’s stock, valued at approximately $507,000. Raymond James Financial Services Advisors Inc. owned about 0.24% of VanEck Mortgage REIT Income ETF as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. LPL Financial LLC grew its holdings in shares of VanEck Mortgage REIT Income ETF by 2.2% in the 3rd quarter. LPL Financial LLC now owns 423,787 shares of the company’s stock worth $4,818,000 after acquiring an additional 9,109 shares during the last quarter. Axxcess Wealth Management LLC acquired a new stake in shares of VanEck Mortgage REIT Income ETF in the third quarter worth $202,000. Lionsbridge Wealth Management LLC acquired a new stake in shares of VanEck Mortgage REIT Income ETF in the fourth quarter worth $840,000. Sigma Planning Corp acquired a new stake in shares of VanEck Mortgage REIT Income ETF in the third quarter worth $120,000. Finally, Wealthfront Advisers LLC boosted its position in shares of VanEck Mortgage REIT Income ETF by 28.0% in the third quarter. Wealthfront Advisers LLC now owns 14,577 shares of the company’s stock worth $166,000 after buying an additional 3,186 shares during the period.

VanEck Mortgage REIT Income ETF Stock Up 1.4 %

Shares of VanEck Mortgage REIT Income ETF stock opened at $10.66 on Friday. The stock has a market cap of $246.25 million, a PE ratio of 6.50 and a beta of 1.51. The business has a fifty day simple moving average of $11.09 and a 200-day simple moving average of $11.13. VanEck Mortgage REIT Income ETF has a 12 month low of $9.40 and a 12 month 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.