VanEck Real Assets ETF $RAAX Stock Purchased by Tucker Asset Management LLC

Tucker Asset Management LLC boosted its position in shares of VanEck Real Assets ETF (NYSEARCA:RAAX) by 153.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 36,259 shares of the company’s stock after purchasing an additional 21,959 shares during the period. Tucker Asset Management LLC’s holdings in VanEck Real Assets ETF were worth $1,444,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of RAAX. Envestnet Asset Management Inc. raised its stake in shares of VanEck Real Assets ETF by 315.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 147,451 shares of the company’s stock worth $5,849,000 after purchasing an additional 111,945 shares in the last quarter. Collaborative Wealth Managment Inc. raised its stake in shares of VanEck Real Assets ETF by 234.2% during the 1st quarter. Collaborative Wealth Managment Inc. now owns 23,804 shares of the company’s stock worth $969,000 after purchasing an additional 16,682 shares in the last quarter. PCG Wealth Advisors LLC lifted its holdings in shares of VanEck Real Assets ETF by 167.4% during the 2nd quarter. PCG Wealth Advisors LLC now owns 99,818 shares of the company’s stock valued at $3,960,000 after buying an additional 62,483 shares during the last quarter. The Manufacturers Life Insurance Company acquired a new stake in shares of VanEck Real Assets ETF during the 2nd quarter valued at about $714,000. Finally, FAS Wealth Partners Inc. lifted its holdings in shares of VanEck Real Assets ETF by 83.3% during the 1st quarter. FAS Wealth Partners Inc. now owns 40,155 shares of the company’s stock valued at $1,635,000 after buying an additional 18,246 shares during the last quarter.

VanEck Real Assets ETF Stock Performance

Shares of NYSEARCA RAAX opened at $39.29 on Tuesday. The stock has a market cap of $1.40 billion, a price-to-earnings ratio of 22.21 and a beta of 0.57. The business has a 50 day simple moving average of $40.73 and a 200 day simple moving average of $40.54. VanEck Real Assets ETF has a 52 week low of $33.96 and a 52 week high of $42.75.

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.