Stratos Wealth Partners LTD. Sells 644 Shares of VanEck Real Assets ETF (NYSEARCA:RAAX)

Stratos Wealth Partners LTD. reduced its stake in VanEck Real Assets ETF (NYSEARCA:RAAX) by 5.9% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,228 shares of the company’s stock after selling 644 shares during the period. Stratos Wealth Partners LTD. owned 0.28% of VanEck Real Assets ETF worth $311,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in RAAX. Entrewealth LLC bought a new position in VanEck Real Assets ETF during the fourth quarter worth about $266,000. Raymond James Financial Inc. bought a new position in VanEck Real Assets ETF during the fourth quarter worth about $313,000. ORG Partners LLC lifted its holdings in VanEck Real Assets ETF by 1,140.2% during the first quarter. ORG Partners LLC now owns 12,402 shares of the company’s stock worth $378,000 after acquiring an additional 11,402 shares in the last quarter. Accurate Wealth Management LLC bought a new position in VanEck Real Assets ETF during the first quarter worth about $401,000. Finally, Jane Street Group LLC bought a new position in VanEck Real Assets ETF during the fourth quarter worth about $772,000.

VanEck Real Assets ETF Price Performance

RAAX opened at $31.86 on Wednesday. The business’s 50-day moving average price is $31.12 and its two-hundred day moving average price is $30.02. VanEck Real Assets ETF has a 1 year low of $26.71 and a 1 year high of $32.16. The company has a market capitalization of $133.02 million, a price-to-earnings ratio of 22.21 and a beta of 0.65.

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.