Austin Wealth Management LLC Has $2.06 Million Stock Holdings in VanEck Real Assets ETF $RAAX

Austin Wealth Management LLC boosted its stake in VanEck Real Assets ETF (NYSEARCA:RAAX) by 5.4% in the second quarter, Holdings Channel reports. The institutional investor owned 64,864 shares of the company’s stock after acquiring an additional 3,332 shares during the quarter. Austin Wealth Management LLC’s holdings in VanEck Real Assets ETF were worth $2,062,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Avalon Capital Management increased its stake in shares of VanEck Real Assets ETF by 7.2% in the second quarter. Avalon Capital Management now owns 82,607 shares of the company’s stock worth $2,565,000 after acquiring an additional 5,528 shares during the last quarter. Entrewealth LLC grew its stake in VanEck Real Assets ETF by 11.3% in the second quarter. Entrewealth LLC now owns 25,815 shares of the company’s stock valued at $802,000 after purchasing an additional 2,616 shares in the last quarter. Beam Wealth Advisors Inc. grew its stake in VanEck Real Assets ETF by 24.5% in the second quarter. Beam Wealth Advisors Inc. now owns 657,734 shares of the company’s stock valued at $20,423,000 after purchasing an additional 129,497 shares in the last quarter. Assetmark Inc. acquired a new position in VanEck Real Assets ETF in the 2nd quarter worth about $32,000. Finally, Stratos Wealth Partners LTD. raised its stake in shares of VanEck Real Assets ETF by 13.4% during the 2nd quarter. Stratos Wealth Partners LTD. now owns 11,602 shares of the company’s stock worth $360,000 after purchasing an additional 1,374 shares in the last quarter.

VanEck Real Assets ETF Price Performance

Shares of VanEck Real Assets ETF stock opened at $35.20 on Wednesday. The firm has a market cap of $208.74 million, a price-to-earnings ratio of 22.21 and a beta of 0.65. The stock has a 50-day simple moving average of $34.30 and a 200-day simple moving average of $32.45. VanEck Real Assets ETF has a 52-week low of $27.05 and a 52-week high of $35.91.

VanEck Real Assets ETF Profile

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.