AXS Investments LLC Sells 150,793 Shares of VanEck Mortgage REIT Income ETF $MORT

AXS Investments LLC reduced its position in VanEck Mortgage REIT Income ETF (NYSEARCA:MORT) by 36.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 266,501 shares of the company’s stock after selling 150,793 shares during the quarter. VanEck Mortgage REIT Income ETF comprises about 1.3% of AXS Investments LLC’s portfolio, making the stock its 20th largest position. AXS Investments LLC’s holdings in VanEck Mortgage REIT Income ETF were worth $2,801,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. HighTower Advisors LLC bought a new stake in shares of VanEck Mortgage REIT Income ETF during the 4th quarter valued at approximately $13,388,000. Gradient Investments LLC grew its holdings in shares of VanEck Mortgage REIT Income ETF by 1.8% during the 4th quarter. Gradient Investments LLC now owns 706,782 shares of the company’s stock valued at $7,428,000 after purchasing an additional 12,790 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of VanEck Mortgage REIT Income ETF by 15.4% during the 2nd quarter. Bank of America Corp DE now owns 549,788 shares of the company’s stock valued at $5,806,000 after purchasing an additional 73,543 shares during the last quarter. Arete Wealth Advisors LLC grew its holdings in shares of VanEck Mortgage REIT Income ETF by 19.2% during the 3rd quarter. Arete Wealth Advisors LLC now owns 242,844 shares of the company’s stock valued at $2,615,000 after purchasing an additional 39,083 shares during the last quarter. Finally, MML Investors Services LLC grew its holdings in shares of VanEck Mortgage REIT Income ETF by 6.4% during the 2nd quarter. MML Investors Services LLC now owns 230,615 shares of the company’s stock valued at $2,435,000 after purchasing an additional 13,787 shares during the last quarter.

VanEck Mortgage REIT Income ETF Trading Up 0.1%

Shares of VanEck Mortgage REIT Income ETF stock opened at $10.16 on Friday. The firm has a market capitalization of $391.16 million, a PE ratio of 14.67 and a beta of 1.20. The firm’s 50 day moving average is $10.23 and its 200 day moving average is $10.56. VanEck Mortgage REIT Income ETF has a 1 year low of $9.70 and a 1 year high of $11.44.

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.