35,230 Shares in VanEck Real Assets ETF $RAAX Acquired by New England Private Wealth Advisors LLC

New England Private Wealth Advisors LLC acquired a new position in VanEck Real Assets ETF (NYSEARCA:RAAX) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 35,230 shares of the company’s stock, valued at approximately $1,245,000. New England Private Wealth Advisors LLC owned 0.36% of VanEck Real Assets ETF as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Tucker Asset Management LLC acquired a new position in VanEck Real Assets ETF in the 4th quarter worth approximately $43,000. Northwestern Mutual Wealth Management Co. boosted its stake in VanEck Real Assets ETF by 1,129.4% in the 4th 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 during the period. Osaic Holdings Inc. boosted its stake in VanEck Real Assets ETF by 332.7% in the 2nd quarter. Osaic Holdings Inc. now owns 2,354 shares of the company’s stock worth $73,000 after purchasing an additional 1,810 shares during the period. Kraematon Investment Advisors Inc. acquired a new position in VanEck Real Assets ETF in the 4th quarter worth approximately $234,000. Finally, Realta Investment Advisors boosted its stake in VanEck Real Assets ETF by 458.3% in the 4th quarter. Realta Investment Advisors now owns 6,700 shares of the company’s stock worth $234,000 after purchasing an additional 5,500 shares during the period.

VanEck Real Assets ETF Stock Performance

VanEck Real Assets ETF stock opened at $41.09 on Friday. The company has a 50 day moving average price of $41.49 and a 200 day moving average price of $39.36. VanEck Real Assets ETF has a 52 week low of $31.05 and a 52 week high of $42.75. The firm has a market capitalization of $875.22 million, a price-to-earnings ratio of 22.21 and a beta of 0.54.

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.