35,589 Shares in FolioBeyond Alternative Income and Interest Rate Hedge ETF $RISR Bought by Belpointe Asset Management LLC

Belpointe Asset Management LLC acquired a new position in FolioBeyond Alternative Income and Interest Rate Hedge ETF (NYSEARCA:RISR) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 35,589 shares of the company’s stock, valued at approximately $1,293,000.

FolioBeyond Alternative Income and Interest Rate Hedge ETF Stock Performance

RISR stock opened at $36.13 on Friday. FolioBeyond Alternative Income and Interest Rate Hedge ETF has a 52-week low of $33.20 and a 52-week high of $39.44. The company has a 50-day moving average of $36.81 and a two-hundred day moving average of $36.77.

FolioBeyond Alternative Income and Interest Rate Hedge ETF Company Profile

The FolioBeyond Rising Rates ETF (RISR) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide income and protect against rising interest rates through exposure to interest-only MBS and US Treasury bonds. The fund is actively managed. RISR was launched on Sep 30, 2021 and is managed by Beyond.