VanEck Real Assets ETF $RAAX Shares Bought by Kestra Advisory Services LLC

Kestra Advisory Services LLC increased its stake in VanEck Real Assets ETF (NYSEARCA:RAAX) by 294.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 180,318 shares of the company’s stock after acquiring an additional 134,647 shares during the period. Kestra Advisory Services LLC’s holdings in VanEck Real Assets ETF were worth $7,182,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its position in VanEck Real Assets ETF by 0.4% during the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 118,067 shares of the company’s stock worth $4,684,000 after acquiring an additional 412 shares during the last quarter. Farther Finance Advisors LLC increased its stake in VanEck Real Assets ETF by 11.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 4,983 shares of the company’s stock worth $198,000 after purchasing an additional 492 shares during the period. Wealthcare Advisory Partners LLC increased its stake in VanEck Real Assets ETF by 1.6% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 47,537 shares of the company’s stock worth $1,886,000 after purchasing an additional 771 shares during the period. Global Assets Advisory LLC lifted its position in VanEck Real Assets ETF by 3.6% in the third quarter. Global Assets Advisory LLC now owns 29,435 shares of the company’s stock valued at $1,192,000 after purchasing an additional 1,019 shares during the last quarter. Finally, Kraematon Investment Advisors Inc. lifted its position in VanEck Real Assets ETF by 12.2% in the second quarter. Kraematon Investment Advisors Inc. now owns 11,741 shares of the company’s stock valued at $466,000 after purchasing an additional 1,275 shares during the last quarter.

VanEck Real Assets ETF Stock Performance

Shares of RAAX stock opened at $38.76 on Thursday. The company has a market capitalization of $1.40 billion, a P/E ratio of 22.21 and a beta of 0.53. VanEck Real Assets ETF has a fifty-two week low of $33.98 and a fifty-two week high of $42.75. The stock has a 50 day moving average price of $40.33 and a two-hundred day moving average price of $40.57.

VanEck Real Assets ETF Company 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.