Flynn Zito Capital Management LLC Acquires Shares of 46,572 VanEck Real Assets ETF $RAAX

Flynn Zito Capital Management LLC acquired a new position in shares of VanEck Real Assets ETF (NYSEARCA:RAAX) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 46,572 shares of the company’s stock, valued at approximately $1,896,000. Flynn Zito Capital Management LLC owned about 0.22% of VanEck Real Assets ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in RAAX. Etesian Wealth Advisors Inc. lifted its holdings in shares of VanEck Real Assets ETF by 10.4% in the 1st 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 during the last quarter. Equitable Holdings Inc. grew its stake in VanEck Real Assets ETF by 4.6% during the 4th 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 last quarter. Kestra Advisory Services LLC grew its stake in VanEck Real Assets ETF by 12.9% during the 4th 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 last quarter. Realta Investment Advisors increased its position in 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 during the period. Finally, Tucker Asset Management LLC acquired a new position in VanEck Real Assets ETF during the fourth quarter worth approximately $43,000.

VanEck Real Assets ETF Trading Up 1.4%

Shares of NYSEARCA RAAX opened at $39.85 on Wednesday. VanEck Real Assets ETF has a twelve month low of $31.48 and a twelve month high of $42.75. The stock has a 50 day moving average of $40.71 and a two-hundred day moving average of $40.03. The stock has a market cap of $1.09 billion, a P/E 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.