VanEck Inflation Allocation ETF (NYSEARCA:RAAX) Shares Acquired by Magnus Financial Group LLC

Magnus Financial Group LLC boosted its holdings in shares of VanEck Inflation Allocation ETF (NYSEARCA:RAAX) by 30.9% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 28,698 shares of the company’s stock after purchasing an additional 6,768 shares during the period. Magnus Financial Group LLC’s holdings in VanEck Inflation Allocation ETF were worth $733,000 as of its most recent filing with the SEC.

Other hedge funds also recently added to or reduced their stakes in the company. Altus Wealth Group LLC lifted its holdings in shares of VanEck Inflation Allocation ETF by 2.8% in the 4th quarter. Altus Wealth Group LLC now owns 25,744 shares of the company’s stock valued at $658,000 after buying an additional 710 shares during the period. Patriot Financial Group Insurance Agency LLC lifted its holdings in VanEck Inflation Allocation ETF by 6.0% in the third quarter. Patriot Financial Group Insurance Agency LLC now owns 13,923 shares of the company’s stock valued at $353,000 after acquiring an additional 791 shares during the period. Journey Strategic Wealth LLC acquired a new stake in VanEck Inflation Allocation ETF in the third quarter valued at $288,000. Orion Portfolio Solutions LLC boosted its position in shares of VanEck Inflation Allocation ETF by 14.5% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 116,652 shares of the company’s stock worth $2,955,000 after purchasing an additional 14,786 shares in the last quarter. Finally, Austin Wealth Management LLC acquired a new position in shares of VanEck Inflation Allocation ETF during the 3rd quarter worth $704,000.

VanEck Inflation Allocation ETF Trading Up 0.7 %

NYSEARCA:RAAX opened at $27.26 on Monday. VanEck Inflation Allocation ETF has a twelve month low of $24.00 and a twelve month high of $28.05. The company has a market capitalization of $81.78 million, a P/E ratio of 12.73 and a beta of 0.45. The firm has a 50-day moving average price of $26.53 and a two-hundred day moving average price of $25.80.

About VanEck Inflation Allocation ETF

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.