Collaborative Wealth Managment Inc. Boosts Stock Position in VanEck Real Assets ETF $RAAX

Collaborative Wealth Managment Inc. lifted its stake in shares of VanEck Real Assets ETF (NYSEARCA:RAAX) by 234.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 23,804 shares of the company’s stock after acquiring an additional 16,682 shares during the quarter. Collaborative Wealth Managment Inc. owned approximately 0.11% of VanEck Real Assets ETF worth $969,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in RAAX. Etesian Wealth Advisors Inc. raised its stake in VanEck Real Assets ETF by 10.4% during the 1st quarter. Etesian Wealth Advisors Inc. now owns 7,135 shares of the company’s stock worth $290,000 after acquiring an additional 671 shares during the period. Equitable Holdings Inc. boosted its position in shares of VanEck Real Assets ETF by 4.6% in the fourth quarter. Equitable Holdings Inc. now owns 15,776 shares of the company’s stock worth $551,000 after purchasing an additional 693 shares during the period. Kestra Advisory Services LLC increased its stake in shares of VanEck Real Assets ETF by 12.9% in the fourth quarter. Kestra Advisory Services LLC now owns 8,983 shares of the company’s stock worth $314,000 after purchasing an additional 1,025 shares in the last quarter. Realta Investment Advisors increased its stake in shares of VanEck Real Assets ETF by 16.4% in the first quarter. Realta Investment Advisors now owns 7,800 shares of the company’s stock worth $318,000 after purchasing an additional 1,100 shares in the last quarter. Finally, Tucker Asset Management LLC bought a new stake in shares of VanEck Real Assets ETF during the 4th quarter valued at $43,000.

VanEck Real Assets ETF Stock Performance

RAAX opened at $39.76 on Thursday. The stock has a market cap of $1.09 billion, a price-to-earnings ratio of 22.21 and a beta of 0.55. The firm’s fifty day moving average is $40.66 and its 200 day moving average is $40.05. VanEck Real Assets ETF has a fifty-two week low of $31.48 and a fifty-two week high of $42.75.

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.