Bayshore Capital Advisors LLC Buys 309,203 Shares of VanEck Real Assets ETF $RAAX

Bayshore Capital Advisors LLC acquired a new stake in VanEck Real Assets ETF (NYSEARCA:RAAX) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 309,203 shares of the company’s stock, valued at approximately $12,316,000. VanEck Real Assets ETF makes up 6.4% of Bayshore Capital Advisors LLC’s portfolio, making the stock its 4th biggest position. Bayshore Capital Advisors LLC owned about 0.87% of VanEck Real Assets ETF at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. Principle Wealth Partners LLC increased its stake in shares of VanEck Real Assets ETF by 8.0% during the 3rd quarter. Principle Wealth Partners LLC now owns 90,667 shares of the company’s stock worth $3,611,000 after purchasing an additional 6,704 shares during the last quarter. Kraematon Investment Advisors Inc. raised its position in VanEck Real Assets ETF by 13.6% in the 3rd quarter. Kraematon Investment Advisors Inc. now owns 13,341 shares of the company’s stock valued at $531,000 after purchasing an additional 1,600 shares during the last quarter. Kestra Advisory Services LLC increased its stake in shares of VanEck Real Assets ETF by 294.8% during the third quarter. Kestra Advisory Services LLC now owns 180,318 shares of the company’s stock worth $7,182,000 after purchasing an additional 134,647 shares during the period. Commonwealth Equity Services LLC bought a new stake in shares of VanEck Real Assets ETF during the third quarter valued at approximately $26,954,000. Finally, Provenance Wealth Advisors LLC purchased a new position in shares of VanEck Real Assets ETF in the third quarter valued at about $177,000.

VanEck Real Assets ETF Stock Performance

Shares of NYSEARCA RAAX opened at $38.15 on Friday. VanEck Real Assets ETF has a fifty-two week low of $33.98 and a fifty-two week high of $42.75. The company has a market cap of $1.37 billion, a PE ratio of 22.21 and a beta of 0.55. The business has a 50-day simple moving average of $40.47 and a two-hundred day simple moving average of $40.57.

About VanEck Real Assets 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. RAAX was launched on Apr 9, 2018 and is managed by VanEck.