Beaumont Financial Advisors LLC Increases Stock Holdings in VanEck Real Assets ETF $RAAX

Beaumont Financial Advisors LLC raised its position in VanEck Real Assets ETF (NYSEARCA:RAAX) by 87.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 363,123 shares of the company’s stock after acquiring an additional 169,716 shares during the quarter. VanEck Real Assets ETF makes up approximately 1.0% of Beaumont Financial Advisors LLC’s portfolio, making the stock its 29th biggest position. Beaumont Financial Advisors LLC owned 1.70% of VanEck Real Assets ETF worth $14,783,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Raymond James Financial Inc. purchased a new stake in VanEck Real Assets ETF during the 2nd quarter worth approximately $262,000. Jane Street Group LLC acquired a new position in shares of VanEck Real Assets ETF in the second quarter worth $1,163,000. Prevail Innovative Wealth Advisors LLC increased its position in shares of VanEck Real Assets ETF by 27.2% during the second quarter. Prevail Innovative Wealth Advisors LLC now owns 25,796 shares of the company’s stock worth $801,000 after acquiring an additional 5,522 shares during the period. Osaic Holdings Inc. raised its stake in shares of VanEck Real Assets ETF by 332.7% in the second quarter. Osaic Holdings Inc. now owns 2,354 shares of the company’s stock valued at $73,000 after acquiring an additional 1,810 shares in the last quarter. Finally, Equitable Holdings Inc. raised its stake in shares of VanEck Real Assets ETF by 47.8% in the third quarter. Equitable Holdings Inc. now owns 15,083 shares of the company’s stock valued at $520,000 after acquiring an additional 4,876 shares in the last quarter.

VanEck Real Assets ETF Trading Down 0.2%

NYSEARCA:RAAX opened at $39.76 on Thursday. VanEck Real Assets ETF has a 12-month low of $31.48 and a 12-month high of $42.75. The firm has a market cap of $1.09 billion, a PE ratio of 22.21 and a beta of 0.55. The stock has a fifty day moving average price of $40.66 and a 200 day moving average price of $40.05.

VanEck Real Assets ETF Company 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.