Janney Montgomery Scott LLC Makes New Investment in VanEck Real Assets ETF $RAAX

Janney Montgomery Scott LLC purchased a new stake in shares of VanEck Real Assets ETF (NYSEARCA:RAAX) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 36,852 shares of the company’s stock, valued at approximately $1,500,000.

Other institutional investors have also recently bought and sold shares of the company. LPL Financial LLC increased its position in VanEck Real Assets ETF by 51.7% during the fourth quarter. LPL Financial LLC now owns 1,805,821 shares of the company’s stock worth $63,077,000 after buying an additional 615,623 shares during the last quarter. Beam Wealth Advisors Inc. raised its position in shares of VanEck Real Assets ETF by 4.5% in the fourth quarter. Beam Wealth Advisors Inc. now owns 733,148 shares of the company’s stock valued at $25,609,000 after purchasing an additional 31,359 shares during the period. Assetmark Inc. raised its position in shares of VanEck Real Assets ETF by 35,257.5% in the fourth quarter. Assetmark Inc. now owns 360,647 shares of the company’s stock valued at $12,597,000 after purchasing an additional 359,627 shares during the period. MinichMacGregor Wealth Management LLC acquired a new stake in shares of VanEck Real Assets ETF in the first quarter worth $10,703,000. Finally, CWM LLC acquired a new stake in shares of VanEck Real Assets ETF in the fourth quarter worth $7,542,000.

VanEck Real Assets ETF Trading Down 0.3%

NYSEARCA:RAAX opened at $39.47 on Friday. The firm has a market capitalization of $1.06 billion, a PE ratio of 22.21 and a beta of 0.55. VanEck Real Assets ETF has a 1 year low of $31.48 and a 1 year high of $42.75. The firm’s fifty day simple moving average is $40.82 and its 200 day simple moving average is $39.95.

About VanEck Real Assets ETF

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.