17,448 Shares in VanEck Real Assets ETF $RAAX Acquired by New Republic Capital LLC

New Republic Capital LLC acquired a new position in shares of VanEck Real Assets ETF (NYSEARCA:RAAX) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 17,448 shares of the company’s stock, valued at approximately $601,000. New Republic Capital LLC owned about 0.32% of VanEck Real Assets ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Assetmark Inc. purchased a new position in VanEck Real Assets ETF during the second quarter worth about $32,000. Realta Investment Advisors acquired a new stake in shares of VanEck Real Assets ETF during the 3rd quarter worth approximately $41,000. Osaic Holdings Inc. increased its holdings in shares of VanEck Real Assets ETF by 332.7% during the 2nd quarter. Osaic Holdings Inc. now owns 2,354 shares of the company’s stock worth $73,000 after buying an additional 1,810 shares during the last quarter. Benjamin Edwards Inc. purchased a new stake in shares of VanEck Real Assets ETF during the 3rd quarter valued at approximately $223,000. Finally, Etesian Wealth Advisors Inc. acquired a new position in VanEck Real Assets ETF in the third quarter valued at approximately $257,000.

VanEck Real Assets ETF Stock Performance

Shares of VanEck Real Assets ETF stock opened at $36.69 on Tuesday. The stock has a 50 day moving average of $35.37 and a 200 day moving average of $33.91. The firm has a market capitalization of $278.84 million, a price-to-earnings ratio of 22.21 and a beta of 0.65. VanEck Real Assets ETF has a fifty-two week low of $27.05 and a fifty-two week high of $37.11.

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. RAAX was launched on Apr 9, 2018 and is managed by VanEck.