Cascade Financial Partners LLC Purchases New Position in VanEck Mortgage REIT Income ETF (NYSEARCA:MORT)

Cascade Financial Partners LLC purchased a new stake in shares of VanEck Mortgage REIT Income ETF (NYSEARCA:MORT) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 37,000 shares of the company’s stock, valued at approximately $393,000.

Several other institutional investors also recently bought and sold shares of the stock. Rebalance LLC raised its position in VanEck Mortgage REIT Income ETF by 6.3% during 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 in the last quarter. Janney Montgomery Scott LLC raised its position in 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 valued at $248,000 after acquiring an additional 5,000 shares in the last quarter. Fifth Third Securities Inc. raised its position in VanEck Mortgage REIT Income ETF by 32.7% during the fourth quarter. Fifth Third Securities Inc. now owns 36,639 shares of the company’s stock valued at $389,000 after acquiring an additional 9,026 shares in the last quarter. MML Investors Services LLC raised its position in VanEck Mortgage REIT Income ETF by 8.0% during the third quarter. MML Investors Services LLC now owns 176,953 shares of the company’s stock valued at $2,136,000 after acquiring an additional 13,068 shares in the last quarter. Finally, Advyzon Investment Management LLC purchased a new position in VanEck Mortgage REIT Income ETF during the fourth quarter valued at approximately $155,000.

VanEck Mortgage REIT Income ETF Trading Down 2.1 %

Shares of MORT stock opened at $11.25 on Wednesday. The stock has a market cap of $312.19 million, a P/E ratio of 11.30 and a beta of 1.65. VanEck Mortgage REIT Income ETF has a twelve month low of $10.19 and a twelve month high of $12.36. The stock has a 50 day moving average of $11.14 and a 200 day moving average of $11.33.

About VanEck Mortgage REIT Income ETF

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.