Stifel Financial Corp Reduces Holdings in VanEck Mortgage REIT Income ETF (NYSEARCA:MORT)

Stifel Financial Corp cut its stake in VanEck Mortgage REIT Income ETF (NYSEARCA:MORT) by 10.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 55,060 shares of the company’s stock after selling 6,691 shares during the period. Stifel Financial Corp owned about 0.23% of VanEck Mortgage REIT Income ETF worth $585,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of MORT. Thrivent Financial for Lutherans lifted its holdings in shares of VanEck Mortgage REIT Income ETF by 8.5% in the 4th quarter. Thrivent Financial for Lutherans now owns 28,871 shares of the company’s stock valued at $307,000 after purchasing an additional 2,251 shares during the last quarter. Hillsdale Investment Management Inc. lifted its stake in VanEck Mortgage REIT Income ETF by 37.8% in the fourth quarter. Hillsdale Investment Management Inc. now owns 8,930 shares of the company’s stock valued at $95,000 after buying an additional 2,450 shares during the last quarter. Rebalance LLC boosted its holdings in shares of VanEck Mortgage REIT Income ETF by 6.3% in the fourth quarter. Rebalance LLC now owns 42,432 shares of the company’s stock valued at $451,000 after acquiring an additional 2,525 shares during the period. Arete Wealth Advisors LLC boosted its holdings in shares of VanEck Mortgage REIT Income ETF by 2.1% in the fourth quarter. Arete Wealth Advisors LLC now owns 189,746 shares of the company’s stock valued at $2,014,000 after acquiring an additional 3,822 shares during the period. Finally, Janney Montgomery Scott LLC grew its position in shares of VanEck Mortgage REIT Income ETF by 27.3% during the fourth quarter. Janney Montgomery Scott LLC now owns 23,332 shares of the company’s stock worth $248,000 after acquiring an additional 5,000 shares during the last quarter.

VanEck Mortgage REIT Income ETF Stock Performance

NYSEARCA MORT opened at $10.20 on Monday. The firm’s fifty day moving average is $10.46 and its two-hundred day moving average is $10.91. VanEck Mortgage REIT Income ETF has a one year low of $8.81 and a one year high of $12.36. The firm has a market cap of $281.01 million, a PE ratio of 10.71 and a beta of 1.31.

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.