Cascade Investment Group Inc. purchased a new position in shares of VanEck Real Assets ETF (NYSEARCA:RAAX – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 38,831 shares of the company’s stock, valued at approximately $1,547,000.
Other large investors also recently modified their holdings of the company. Capital Analysts LLC raised its holdings in VanEck Real Assets ETF by 64.7% in the second quarter. Capital Analysts LLC now owns 4,624 shares of the company’s stock valued at $184,000 after buying an additional 1,816 shares during the period. Farther Finance Advisors LLC increased its position in shares of VanEck Real Assets ETF by 11.0% in the third quarter. Farther Finance Advisors LLC now owns 4,983 shares of the company’s stock worth $198,000 after acquiring an additional 492 shares in the last quarter. Legacy Wealth Managment LLC ID acquired a new stake in shares of VanEck Real Assets ETF in the second quarter worth $210,000. First Growth Capital LLC acquired a new stake in shares of VanEck Real Assets ETF in the first quarter worth $216,000. Finally, SteelPeak Wealth LLC acquired a new stake in shares of VanEck Real Assets ETF in the first quarter worth $220,000.
VanEck Real Assets ETF Trading Down 0.4%
NYSEARCA:RAAX traded down $0.14 during mid-day trading on Tuesday, hitting $40.70. The company had a trading volume of 63,800 shares, compared to its average volume of 276,235. The business has a fifty day simple moving average of $41.03 and a 200-day simple moving average of $40.82. The firm has a market capitalization of $1.39 billion, a price-to-earnings ratio of 22.21 and a beta of 0.57. VanEck Real Assets ETF has a 1 year low of $33.96 and a 1 year high of $42.75.
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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