Elevation Point Wealth Partners LLC Makes New Investment in VanEck Mortgage REIT Income ETF $MORT

Elevation Point Wealth Partners LLC bought a new position in shares of VanEck Mortgage REIT Income ETF (NYSEARCA:MORTFree Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 64,200 shares of the company’s stock, valued at approximately $659,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Fifth Third Securities Inc. raised its holdings in shares of VanEck Mortgage REIT Income ETF by 1.9% in the fourth quarter. Fifth Third Securities Inc. now owns 53,192 shares of the company’s stock valued at $559,000 after buying an additional 977 shares during the last quarter. Thrivent Financial for Lutherans lifted its position in shares of VanEck Mortgage REIT Income ETF by 3.6% during the second 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 in the last quarter. Sowell Financial Services LLC grew its stake in shares of VanEck Mortgage REIT Income ETF by 10.8% during the fourth quarter. Sowell Financial Services LLC now owns 15,424 shares of the company’s stock valued at $162,000 after purchasing an additional 1,500 shares during the last quarter. TPG Advisors LLC grew its stake in shares of VanEck Mortgage REIT Income ETF by 11.2% during the first quarter. TPG Advisors LLC now owns 16,833 shares of the company’s stock valued at $173,000 after purchasing an additional 1,700 shares during the last quarter. Finally, Equitable Holdings Inc. increased its holdings in shares of VanEck Mortgage REIT Income ETF by 1.8% in the fourth quarter. Equitable Holdings Inc. now owns 116,100 shares of the company’s stock valued at $1,220,000 after purchasing an additional 2,084 shares in the last quarter.

VanEck Mortgage REIT Income ETF Price Performance

Shares of VanEck Mortgage REIT Income ETF stock opened at $9.91 on Wednesday. The firm has a 50 day simple moving average of $10.15 and a 200 day simple moving average of $10.46. VanEck Mortgage REIT Income ETF has a fifty-two week low of $9.70 and a fifty-two week high of $11.44. The firm has a market cap of $382.53 million, a P/E ratio of 14.67 and a beta of 1.16.

About VanEck Mortgage REIT Income ETF

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding MORT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Mortgage REIT Income ETF (NYSEARCA:MORTFree Report).

Institutional Ownership by Quarter for VanEck Mortgage REIT Income ETF (NYSEARCA:MORT)

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