AXS Investments LLC Sells 107,994 Shares of VanEck Mortgage REIT Income ETF $MORT

AXS Investments LLC cut its position in VanEck Mortgage REIT Income ETF (NYSEARCA:MORT) by 40.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 158,507 shares of the company’s stock after selling 107,994 shares during the quarter. AXS Investments LLC owned 0.41% of VanEck Mortgage REIT Income ETF worth $1,626,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in MORT. Jane Street Group LLC acquired a new position in VanEck Mortgage REIT Income ETF in the 2nd quarter valued at approximately $134,000. Bank of America Corp DE grew its stake in shares of VanEck Mortgage REIT Income ETF by 15.4% in the second quarter. Bank of America Corp DE now owns 549,788 shares of the company’s stock worth $5,806,000 after purchasing an additional 73,543 shares during the last quarter. MML Investors Services LLC increased its holdings in VanEck Mortgage REIT Income ETF by 6.4% in the second 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 period. Tower Research Capital LLC TRC increased its holdings in VanEck Mortgage REIT Income ETF by 2,318.7% in the second quarter. Tower Research Capital LLC TRC now owns 141,327 shares of the company’s stock valued at $1,492,000 after purchasing an additional 135,484 shares during the period. Finally, Thrivent Financial for Lutherans raised its position in VanEck Mortgage REIT Income ETF by 3.6% during the 2nd quarter. Thrivent Financial for Lutherans now owns 30,530 shares of the company’s stock worth $322,000 after purchasing an additional 1,074 shares during the last quarter.

VanEck Mortgage REIT Income ETF Trading Up 1.3%

Shares of MORT opened at $10.19 on Friday. The company has a market capitalization of $384.67 million, a PE ratio of 14.67 and a beta of 1.16. VanEck Mortgage REIT Income ETF has a 12 month low of $9.70 and a 12 month high of $11.44. The stock’s 50-day moving average price is $10.07 and its two-hundred day moving average price is $10.41.

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.