PCG Wealth Advisors LLC Buys 62,483 Shares of VanEck Real Assets ETF $RAAX

PCG Wealth Advisors LLC raised its stake in VanEck Real Assets ETF (NYSEARCA:RAAX) by 167.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 99,818 shares of the company’s stock after buying an additional 62,483 shares during the quarter. PCG Wealth Advisors LLC owned 0.34% of VanEck Real Assets ETF worth $3,960,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. Tucker Asset Management LLC bought a new stake in shares of VanEck Real Assets ETF in the 4th quarter valued at about $43,000. NewEdge Advisors LLC boosted its stake in VanEck Real Assets ETF by 514.6% during the 4th quarter. NewEdge Advisors LLC now owns 1,893 shares of the company’s stock worth $66,000 after acquiring an additional 1,585 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in VanEck Real Assets ETF by 1,129.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,967 shares of the company’s stock valued at $69,000 after purchasing an additional 1,807 shares during the period. Osaic Holdings Inc. grew its holdings in VanEck Real Assets ETF by 332.7% during the second quarter. Osaic Holdings Inc. now owns 2,354 shares of the company’s stock valued at $73,000 after purchasing an additional 1,810 shares during the period. Finally, First Growth Capital LLC bought a new stake in VanEck Real Assets ETF in the first quarter valued at approximately $216,000.

VanEck Real Assets ETF Stock Performance

RAAX opened at $41.62 on Friday. The firm’s fifty day moving average is $40.37 and its two-hundred day moving average is $40.80. The firm has a market cap of $1.21 billion, a PE ratio of 22.21 and a beta of 0.56. VanEck Real Assets ETF has a twelve month low of $32.88 and a twelve month high of $42.75.

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.