Cambridge Investment Research Advisors Inc. Boosts Stock Holdings in VanEck Mortgage REIT Income ETF (NYSEARCA:MORT)

Cambridge Investment Research Advisors Inc. grew its position in shares of VanEck Mortgage REIT Income ETF (NYSEARCA:MORT) by 2.6% during the second quarter, HoldingsChannel reports. The institutional investor owned 389,645 shares of the company’s stock after purchasing an additional 10,021 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in VanEck Mortgage REIT Income ETF were worth $4,360,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. H&H Retirement Design & Management INC boosted its holdings in VanEck Mortgage REIT Income ETF by 2.4% in the second quarter. H&H Retirement Design & Management INC now owns 83,235 shares of the company’s stock worth $988,000 after purchasing an additional 1,953 shares during the last quarter. Gradient Investments LLC boosted its holdings in VanEck Mortgage REIT Income ETF by 73,385.5% in the second quarter. Gradient Investments LLC now owns 532,035 shares of the company’s stock worth $5,953,000 after purchasing an additional 531,311 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in VanEck Mortgage REIT Income ETF by 7.3% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 27,609 shares of the company’s stock worth $309,000 after purchasing an additional 1,879 shares during the last quarter. Fifth Third Securities Inc. purchased a new stake in VanEck Mortgage REIT Income ETF in the second quarter worth approximately $331,000. Finally, Sax Wealth Advisors LLC purchased a new stake in VanEck Mortgage REIT Income ETF in the second quarter worth approximately $336,000.

VanEck Mortgage REIT Income ETF Price Performance

Shares of VanEck Mortgage REIT Income ETF stock opened at $11.86 on Friday. The company’s fifty day simple moving average is $11.45 and its 200-day simple moving average is $11.22. The stock has a market capitalization of $285.83 million, a PE ratio of 6.96 and a beta of 1.34. VanEck Mortgage REIT Income ETF has a 1-year low of $9.40 and a 1-year high of $12.56.

VanEck Mortgage REIT Income ETF 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.