Hillsdale Investment Management Inc. Purchases 2,450 Shares of VanEck Mortgage REIT Income ETF (NYSEARCA:MORT)

Hillsdale Investment Management Inc. increased its holdings in shares of VanEck Mortgage REIT Income ETF (NYSEARCA:MORT) by 37.8% during the fourth quarter, Holdings Channel reports. The fund owned 8,930 shares of the company’s stock after purchasing an additional 2,450 shares during the period. Hillsdale Investment Management Inc.’s holdings in VanEck Mortgage REIT Income ETF were worth $95,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Gradient Investments LLC raised its stake in shares of VanEck Mortgage REIT Income ETF by 6.3% in the fourth quarter. Gradient Investments LLC now owns 604,278 shares of the company’s stock worth $6,417,000 after acquiring an additional 35,783 shares during the last quarter. Drive Wealth Management LLC raised its position in VanEck Mortgage REIT Income ETF by 8.4% in the 4th quarter. Drive Wealth Management LLC now owns 295,850 shares of the company’s stock worth $3,142,000 after purchasing an additional 22,829 shares during the last quarter. Arete Wealth Advisors LLC lifted its holdings in VanEck Mortgage REIT Income ETF by 10.6% during the 3rd quarter. Arete Wealth Advisors LLC now owns 185,924 shares of the company’s stock worth $2,239,000 after buying an additional 17,747 shares in the last quarter. MML Investors Services LLC boosted its position in VanEck Mortgage REIT Income ETF by 8.0% in the 3rd quarter. MML Investors Services LLC now owns 176,953 shares of the company’s stock valued at $2,136,000 after buying an additional 13,068 shares during the last quarter. Finally, Integras Partners LLC acquired a new stake in shares of VanEck Mortgage REIT Income ETF in the 4th quarter valued at $1,256,000.

VanEck Mortgage REIT Income ETF Stock Up 0.2 %

Shares of MORT opened at $11.44 on Tuesday. The stock’s fifty day simple moving average is $11.29 and its 200-day simple moving average is $11.31. The firm has a market capitalization of $317.46 million, a PE ratio of 11.30 and a beta of 1.65. VanEck Mortgage REIT Income ETF has a 12-month low of $10.19 and a 12-month high of $12.36.

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.