Bay Colony Advisory Group Inc d b a Bay Colony Advisors Makes New Investment in VanEck Real Assets ETF $RAAX

Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new stake in VanEck Real Assets ETF (NYSEARCA:RAAX) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 46,490 shares of the company’s stock, valued at approximately $1,602,000.

Other institutional investors also recently modified their holdings of the company. Assetmark Inc. bought a new stake in shares of VanEck Real Assets ETF during the 2nd quarter worth $32,000. Realta Investment Advisors acquired a new position in VanEck Real Assets ETF during the third quarter worth about $41,000. Osaic Holdings Inc. raised its stake 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 worth $73,000 after acquiring an additional 1,810 shares in the last quarter. Benjamin Edwards Inc. bought a new position in shares of VanEck Real Assets ETF in the third quarter worth about $223,000. Finally, Etesian Wealth Advisors Inc. acquired a new stake in shares of VanEck Real Assets ETF in the 3rd quarter valued at approximately $257,000.

VanEck Real Assets ETF Trading Up 0.7%

Shares of VanEck Real Assets ETF stock opened at $36.28 on Friday. The firm has a market capitalization of $273.91 million, a PE ratio of 22.21 and a beta of 0.65. The firm’s 50 day moving average is $35.32 and its 200 day moving average is $33.83. VanEck Real Assets ETF has a 1 year low of $27.05 and a 1 year high of $37.11.

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.