Cetera Investment Advisers Grows Stake in VanEck Real Assets ETF $RAAX

Cetera Investment Advisers lifted its stake in shares of VanEck Real Assets ETF (NYSEARCA:RAAX) by 2,052.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,063,396 shares of the company’s stock after purchasing an additional 1,013,989 shares during the period. Cetera Investment Advisers owned 4.99% of VanEck Real Assets ETF worth $43,291,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of RAAX. Etesian Wealth Advisors Inc. raised its stake 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 buying an additional 671 shares during the period. Equitable Holdings Inc. grew its stake in shares of 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 acquiring an additional 693 shares during the period. Kestra Advisory Services LLC grew its stake in shares of 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 acquiring an additional 1,025 shares during the period. Realta Investment Advisors increased its holdings in VanEck Real Assets ETF by 16.4% in the 1st quarter. Realta Investment Advisors now owns 7,800 shares of the company’s stock worth $318,000 after acquiring an additional 1,100 shares during the last quarter. Finally, Tucker Asset Management LLC purchased a new stake in VanEck Real Assets ETF in the 4th quarter worth about $43,000.

VanEck Real Assets ETF Stock Performance

Shares of VanEck Real Assets ETF stock opened at $40.12 on Friday. The stock has a market capitalization of $1.14 billion, a P/E ratio of 22.21 and a beta of 0.55. VanEck Real Assets ETF has a 52-week low of $31.48 and a 52-week high of $42.75. The stock’s 50-day simple moving average is $40.31 and its 200 day simple moving average is $40.24.

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.