Sanctuary Advisors LLC purchased a new position in shares of VanEck Real Assets ETF (NYSEARCA:RAAX – Free Report) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 70,579 shares of the company’s stock, valued at approximately $2,873,000. Sanctuary Advisors LLC owned 0.33% of VanEck Real Assets ETF as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also recently bought and sold shares of the company. LPL Financial LLC raised its stake in VanEck Real Assets ETF by 51.7% in the fourth quarter. LPL Financial LLC now owns 1,805,821 shares of the company’s stock valued at $63,077,000 after buying an additional 615,623 shares during the period. Berger Financial Group Inc acquired a new position in shares of VanEck Real Assets ETF during the 1st quarter worth approximately $32,973,000. Beam Wealth Advisors Inc. increased its holdings in shares of VanEck Real Assets ETF by 4.5% during the 4th quarter. Beam Wealth Advisors Inc. now owns 733,148 shares of the company’s stock worth $25,609,000 after acquiring an additional 31,359 shares during the last quarter. Assetmark Inc. increased its holdings in shares of VanEck Real Assets ETF by 35,257.5% during the 4th quarter. Assetmark Inc. now owns 360,647 shares of the company’s stock worth $12,597,000 after acquiring an additional 359,627 shares during the last quarter. Finally, MinichMacGregor Wealth Management LLC bought a new stake in VanEck Real Assets ETF in the 1st quarter valued at $10,703,000.
VanEck Real Assets ETF Price Performance
Shares of VanEck Real Assets ETF stock opened at $39.37 on Tuesday. The business has a fifty day simple moving average of $40.48 and a two-hundred day simple moving average of $40.13. VanEck Real Assets ETF has a 1 year low of $31.48 and a 1 year high of $42.75. The company has a market capitalization of $1.09 billion, a price-to-earnings ratio of 22.21 and a beta of 0.55.
About VanEck Real Assets ETF
The VanEck Inflation Allocation ETF (RAAX) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund of funds that seeks to maximize long-term real returns. It invests in ETPs with exposure to real assets, such as real estate, commodities, natural resources, or infrastructure, and may hold up to 100% cash or equivalents. RAAX was launched on Apr 9, 2018 and is managed by VanEck.
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