87,670 VanEck Real Assets ETF $RAAX Shares Purchased by New England Private Wealth Advisors LLC

New England Private Wealth Advisors LLC grew its position in VanEck Real Assets ETF (NYSEARCA:RAAX) by 14.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 692,344 shares of the company’s stock after purchasing an additional 87,670 shares during the period. VanEck Real Assets ETF makes up approximately 2.6% of New England Private Wealth Advisors LLC’s investment portfolio, making the stock its 10th largest holding. New England Private Wealth Advisors LLC owned 1.99% of VanEck Real Assets ETF worth $27,576,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of RAAX. Cetera Investment Advisers grew its holdings in shares of VanEck Real Assets ETF by 2,052.3% during the first quarter. Cetera Investment Advisers now owns 1,063,396 shares of the company’s stock worth $43,291,000 after buying an additional 1,013,989 shares in the last quarter. Berger Financial Group Inc acquired a new stake in VanEck Real Assets ETF in the 1st quarter valued at approximately $32,973,000. Assetmark Inc. raised its position in VanEck Real Assets ETF by 12.8% in the 1st quarter. Assetmark Inc. now owns 406,755 shares of the company’s stock valued at $16,559,000 after buying an additional 46,108 shares during the last quarter. Beaumont Financial Advisors LLC lifted its stake in VanEck Real Assets ETF by 87.8% in the 1st quarter. Beaumont Financial Advisors LLC now owns 363,123 shares of the company’s stock valued at $14,783,000 after acquiring an additional 169,716 shares in the last quarter. Finally, MinichMacGregor Wealth Management LLC lifted its stake in VanEck Real Assets ETF by 1.5% in the 3rd quarter. MinichMacGregor Wealth Management LLC now owns 269,560 shares of the company’s stock valued at $10,737,000 after acquiring an additional 3,943 shares in the last quarter.

VanEck Real Assets ETF Stock Performance

NYSEARCA RAAX opened at $40.39 on Tuesday. VanEck Real Assets ETF has a 52 week low of $33.96 and a 52 week high of $42.75. The stock’s 50 day moving average price is $41.05 and its two-hundred day moving average price is $40.83. The stock has a market capitalization of $1.41 billion, a price-to-earnings ratio of 22.21 and a beta of 0.57.

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.