Bay Colony Advisory Group Inc d b a Bay Colony Advisors Takes Position in VanEck Real Assets ETF $RAAX

Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new position in shares of VanEck Real Assets ETF (NYSEARCA:RAAX) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 46,490 shares of the company’s stock, valued at approximately $1,602,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors owned about 0.89% of VanEck Real Assets ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Beam Wealth Advisors Inc. grew its holdings in VanEck Real Assets ETF by 24.5% during the second quarter. Beam Wealth Advisors Inc. now owns 657,734 shares of the company’s stock worth $20,423,000 after purchasing an additional 129,497 shares during the period. Jane Street Group LLC acquired a new stake in shares of VanEck Real Assets ETF in the second quarter valued at approximately $1,163,000. Tassel Capital Management Inc. bought a new position in shares of VanEck Real Assets ETF during the 2nd quarter worth approximately $893,000. Flow Traders U.S. LLC bought a new position in shares of VanEck Real Assets ETF during the 2nd quarter worth approximately $511,000. Finally, Accurate Wealth Management LLC increased its holdings in shares of VanEck Real Assets ETF by 109.0% during the 2nd quarter. Accurate Wealth Management LLC now owns 28,913 shares of the company’s stock worth $921,000 after acquiring an additional 15,077 shares during the last quarter.

VanEck Real Assets ETF Price Performance

Shares of VanEck Real Assets ETF stock opened at $36.28 on Friday. The business has a fifty day simple moving average of $35.32 and a two-hundred day simple moving average of $33.83. VanEck Real Assets ETF has a 1 year low of $27.05 and a 1 year high of $37.11. The company has a market capitalization of $273.91 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. RAAX was launched on Apr 9, 2018 and is managed by VanEck.