Accurate Wealth Management LLC purchased a new stake in shares of VanEck Inflation Allocation ETF (NYSEARCA:RAAX – Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 13,836 shares of the company’s stock, valued at approximately $401,000.
Other institutional investors have also added to or reduced their stakes in the company. LPL Financial LLC grew its holdings in VanEck Inflation Allocation ETF by 11.9% during the 4th quarter. LPL Financial LLC now owns 417,772 shares of the company’s stock valued at $11,777,000 after buying an additional 44,397 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of VanEck Inflation Allocation ETF in the 4th quarter valued at approximately $772,000. Blue Trust Inc. bought a new stake in shares of VanEck Inflation Allocation ETF in the 4th quarter valued at approximately $26,000. Virtu Financial LLC bought a new stake in shares of VanEck Inflation Allocation ETF in the 4th quarter valued at approximately $1,452,000. Finally, Raymond James Financial Inc. bought a new stake in shares of VanEck Inflation Allocation ETF in the 4th quarter valued at approximately $313,000.
VanEck Inflation Allocation ETF Price Performance
NYSEARCA:RAAX opened at $31.11 on Wednesday. The firm has a market capitalization of $126.93 million, a price-to-earnings ratio of 20.71 and a beta of 0.63. VanEck Inflation Allocation ETF has a 1 year low of $26.70 and a 1 year high of $31.41. The business has a 50 day simple moving average of $29.92 and a 200-day simple moving average of $29.61.
VanEck Inflation Allocation ETF 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.
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