Beaumont Financial Advisors LLC Increases Position in VanEck Real Assets ETF $RAAX

Beaumont Financial Advisors LLC grew its position in VanEck Real Assets ETF (NYSEARCA:RAAX) by 87.8% during the first quarter, Holdings Channel.com reports. The firm owned 363,123 shares of the company’s stock after acquiring an additional 169,716 shares during the period. VanEck Real Assets ETF accounts for approximately 1.0% of Beaumont Financial Advisors LLC’s holdings, making the stock its 29th largest position. Beaumont Financial Advisors LLC’s holdings in VanEck Real Assets ETF were worth $14,783,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of RAAX. Tucker Asset Management LLC purchased a new position in shares of VanEck Real Assets ETF in the 4th quarter valued at about $43,000. NewEdge Advisors LLC increased its stake in VanEck Real Assets ETF by 514.6% in the fourth quarter. NewEdge Advisors LLC now owns 1,893 shares of the company’s stock valued at $66,000 after purchasing an additional 1,585 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in VanEck Real Assets ETF by 1,129.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,967 shares of the company’s stock worth $69,000 after purchasing an additional 1,807 shares in the last quarter. Osaic Holdings Inc. raised its holdings in VanEck Real Assets ETF by 332.7% during the second quarter. Osaic Holdings Inc. now owns 2,354 shares of the company’s stock worth $73,000 after purchasing an additional 1,810 shares in the last quarter. Finally, First Growth Capital LLC acquired a new stake in VanEck Real Assets ETF during the first quarter worth approximately $216,000.

VanEck Real Assets ETF Trading Down 0.2%

Shares of NYSEARCA:RAAX opened at $39.76 on Thursday. The firm has a 50 day simple moving average of $40.66 and a 200-day simple moving average of $40.05. VanEck Real Assets ETF has a twelve month low of $31.48 and a twelve month high of $42.75. The company has a market capitalization of $1.09 billion, a PE ratio of 22.21 and a beta of 0.55.

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.