Assetmark Inc. Buys 46,108 Shares of VanEck Real Assets ETF $RAAX

Assetmark Inc. increased its stake in VanEck Real Assets ETF (NYSEARCA:RAAX) by 12.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 406,755 shares of the company’s stock after purchasing an additional 46,108 shares during the period. Assetmark Inc. owned approximately 1.91% of VanEck Real Assets ETF worth $16,559,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in RAAX. Etesian Wealth Advisors Inc. lifted its holdings in shares of VanEck Real Assets ETF by 10.4% in the first quarter. Etesian Wealth Advisors Inc. now owns 7,135 shares of the company’s stock valued at $290,000 after purchasing an additional 671 shares in the last quarter. Equitable Holdings Inc. boosted its position in shares of VanEck Real Assets ETF by 4.6% during the fourth quarter. Equitable Holdings Inc. now owns 15,776 shares of the company’s stock worth $551,000 after buying an additional 693 shares during the period. Kestra Advisory Services LLC boosted its position in shares of VanEck Real Assets ETF by 12.9% during the fourth quarter. Kestra Advisory Services LLC now owns 8,983 shares of the company’s stock worth $314,000 after buying an additional 1,025 shares during the period. Realta Investment Advisors grew its holdings in shares of VanEck Real Assets ETF by 16.4% during the first quarter. Realta Investment Advisors now owns 7,800 shares of the company’s stock worth $318,000 after buying an additional 1,100 shares in the last quarter. Finally, Tucker Asset Management LLC bought a new position in shares of VanEck Real Assets ETF during the fourth quarter worth about $43,000.

VanEck Real Assets ETF Stock Performance

Shares of VanEck Real Assets ETF stock opened at $39.33 on Monday. The business’s 50 day simple moving average is $40.55 and its 200 day simple moving average is $40.10. VanEck Real Assets ETF has a 52-week low of $31.48 and a 52-week high of $42.75. The firm has a market cap of $1.26 billion, a PE ratio of 22.21 and a beta of 0.55.

VanEck Real Assets ETF 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.