20,022 Shares in VanEck Real Assets ETF $RAAX Bought by Virtue Capital Management LLC

Virtue Capital Management LLC purchased a new stake in VanEck Real Assets ETF (NYSEARCA:RAAX) during the third quarter, HoldingsChannel.com reports. The firm purchased 20,022 shares of the company’s stock, valued at approximately $797,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Capital Analysts LLC grew its holdings in VanEck Real Assets ETF by 64.7% during the second quarter. Capital Analysts LLC now owns 4,624 shares of the company’s stock worth $184,000 after acquiring an additional 1,816 shares during the period. Farther Finance Advisors LLC lifted its holdings in 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 valued at $198,000 after acquiring an additional 492 shares during the period. Legacy Wealth Managment LLC ID acquired a new stake in VanEck Real Assets ETF in the second quarter valued at $210,000. First Growth Capital LLC acquired a new stake in VanEck Real Assets ETF in the first quarter valued at $216,000. Finally, SteelPeak Wealth LLC purchased a new stake in shares of VanEck Real Assets ETF during the 1st quarter worth $220,000.

VanEck Real Assets ETF Stock Performance

Shares of NYSEARCA RAAX opened at $39.29 on Tuesday. VanEck Real Assets ETF has a one year low of $33.96 and a one year high of $42.75. The firm has a market capitalization of $1.40 billion, a P/E ratio of 22.21 and a beta of 0.57. The company’s fifty day moving average is $40.73 and its two-hundred day moving average is $40.54.

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.