Center For Asset Management LLC Buys New Stake in VanEck Real Assets ETF $RAAX

Center For Asset Management LLC bought a new stake in VanEck Real Assets ETF (NYSEARCA:RAAX – Free Report) in the 3rd quarter, according to its most recent filing with the SEC. The fund bought 18,971 shares of the company’s stock, valued at approximately $756,000.

Several other large investors have also recently made changes to their positions in the company. Encompass More Asset Management purchased a new stake in VanEck Real Assets ETF during the third quarter worth $7,796,000. Snider Financial Group grew its position in VanEck Real Assets ETF by 3.9% during the third quarter. Snider Financial Group now owns 144,328 shares of the company’s stock valued at $5,749,000 after buying an additional 5,437 shares during the period. Cliftonlarsonallen Wealth Advisors LLC purchased a new position in VanEck Real Assets ETF in the third quarter valued at $750,000. Triumph Capital Management increased its holdings in VanEck Real Assets ETF by 420.2% in the third quarter. Triumph Capital Management now owns 10,918 shares of the company’s stock valued at $435,000 after buying an additional 8,819 shares in the last quarter. Finally, MinichMacGregor Wealth Management LLC increased its holdings in VanEck Real Assets ETF by 1.5% in the third quarter. MinichMacGregor Wealth Management LLC now owns 269,560 shares of the company’s stock valued at $10,737,000 after buying an additional 3,943 shares in the last quarter.

VanEck Real Assets ETF Stock Performance

Shares of VanEck Real Assets ETF stock opened at $40.60 on Friday. The firm has a 50-day simple moving average of $41.07 and a two-hundred day simple moving average of $40.83. The company has a market cap of $1.41 billion, a P/E ratio of 22.21 and a beta of 0.57. VanEck Real Assets ETF has a fifty-two week low of $33.96 and a fifty-two week high of $42.75.

About VanEck Real Assets ETF

(Free Report)

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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Institutional Ownership by Quarter for VanEck Real Assets ETF (NYSEARCA:RAAX)

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