Collaborative Wealth Managment Inc. Boosts Holdings in VanEck Real Assets ETF $RAAX

Collaborative Wealth Managment Inc. boosted its holdings in VanEck Real Assets ETF (NYSEARCA:RAAX) by 234.2% in the 1st quarter, HoldingsChannel reports. The firm owned 23,804 shares of the company’s stock after purchasing an additional 16,682 shares during the quarter. Collaborative Wealth Managment Inc.’s holdings in VanEck Real Assets ETF were worth $969,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Tucker Asset Management LLC bought a new stake in shares of VanEck Real Assets ETF during the fourth quarter valued at approximately $43,000. NewEdge Advisors LLC boosted its position in shares of VanEck Real Assets ETF by 514.6% during the fourth quarter. NewEdge Advisors LLC now owns 1,893 shares of the company’s stock worth $66,000 after acquiring an additional 1,585 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of 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 acquiring an additional 1,807 shares during the last quarter. Osaic Holdings Inc. grew its stake 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 valued at $73,000 after acquiring an additional 1,810 shares in the last quarter. Finally, First Growth Capital LLC purchased a new position in VanEck Real Assets ETF during the first quarter valued at $216,000.

VanEck Real Assets ETF Stock Performance

Shares of NYSEARCA RAAX opened at $39.76 on Thursday. The company has a market cap of $1.09 billion, a P/E ratio of 22.21 and a beta of 0.55. VanEck Real Assets ETF has a 52-week low of $31.48 and a 52-week high of $42.75. The firm’s fifty day moving average is $40.66 and its two-hundred day moving average is $40.05.

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.