HighTower Advisors LLC Invests $13.39 Million in VanEck Mortgage REIT Income ETF $MORT

HighTower Advisors LLC acquired a new position in shares of VanEck Mortgage REIT Income ETF (NYSEARCA:MORTFree Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 1,273,864 shares of the company’s stock, valued at approximately $13,388,000.

Other institutional investors have also modified their holdings of the company. Prevail Innovative Wealth Advisors LLC lifted its position in shares of VanEck Mortgage REIT Income ETF by 41.9% during the 3rd quarter. Prevail Innovative Wealth Advisors LLC now owns 216,284 shares of the company’s stock worth $2,329,000 after purchasing an additional 63,851 shares during the last quarter. Focused Wealth Management Inc purchased a new stake in VanEck Mortgage REIT Income ETF in the fourth quarter valued at $1,152,000. TPG Advisors LLC lifted its position in VanEck Mortgage REIT Income ETF by 47.5% in the fourth quarter. TPG Advisors LLC now owns 15,133 shares of the company’s stock valued at $159,000 after acquiring an additional 4,871 shares during the last quarter. Gradient Investments LLC lifted its position in VanEck Mortgage REIT Income ETF by 1.8% in the fourth quarter. Gradient Investments LLC now owns 706,782 shares of the company’s stock valued at $7,428,000 after acquiring an additional 12,790 shares during the last quarter. Finally, Triumph Capital Management purchased a new stake in VanEck Mortgage REIT Income ETF in the third quarter valued at $107,000.

VanEck Mortgage REIT Income ETF Price Performance

Shares of MORT opened at $10.01 on Monday. VanEck Mortgage REIT Income ETF has a 1-year low of $9.70 and a 1-year high of $11.44. The stock has a market cap of $385.39 million, a PE ratio of 14.67 and a beta of 1.20. The firm has a fifty day moving average price of $10.24 and a 200 day moving average price of $10.58.

VanEck Mortgage REIT Income ETF Company Profile

(Free Report)

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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Institutional Ownership by Quarter for VanEck Mortgage REIT Income ETF (NYSEARCA:MORT)

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