51,513 Shares in VanEck Inflation Allocation ETF (NYSEARCA:RAAX) Purchased by Virtu Financial LLC

Virtu Financial LLC purchased a new position in shares of VanEck Inflation Allocation ETF (NYSEARCA:RAAX) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 51,513 shares of the company’s stock, valued at approximately $1,452,000. Virtu Financial LLC owned 1.75% of VanEck Inflation Allocation ETF at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Entrewealth LLC purchased a new stake in VanEck Inflation Allocation ETF in the 4th quarter valued at about $266,000. Austin Wealth Management LLC boosted its position in VanEck Inflation Allocation ETF by 32.9% in the 4th quarter. Austin Wealth Management LLC now owns 53,257 shares of the company’s stock valued at $1,573,000 after buying an additional 13,193 shares during the period. Beam Wealth Advisors Inc. boosted its position in VanEck Inflation Allocation ETF by 32.7% in the 4th quarter. Beam Wealth Advisors Inc. now owns 504,172 shares of the company’s stock valued at $14,213,000 after buying an additional 124,376 shares during the period. Raymond James Financial Inc. purchased a new stake in VanEck Inflation Allocation ETF in the 4th quarter valued at about $313,000. Finally, Avalon Capital Management purchased a new stake in VanEck Inflation Allocation ETF in the 4th quarter valued at about $1,921,000.

VanEck Inflation Allocation ETF Price Performance

VanEck Inflation Allocation ETF stock opened at $29.94 on Friday. The stock has a market cap of $103.29 million, a price-to-earnings ratio of 20.67 and a beta of 0.68. VanEck Inflation Allocation ETF has a 1 year low of $26.35 and a 1 year high of $30.82. The firm has a 50-day moving average of $29.58 and a two-hundred day moving average of $29.28.

VanEck Inflation Allocation 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.