Capital Investment Advisors LLC Sells 500 Shares of VanEck Inflation Allocation ETF (NYSEARCA:RAAX)

Capital Investment Advisors LLC trimmed its position in shares of VanEck Inflation Allocation ETF (NYSEARCA:RAAX) by 2.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 22,829 shares of the company’s stock after selling 500 shares during the period. Capital Investment Advisors LLC owned 0.66% of VanEck Inflation Allocation ETF worth $695,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Beam Wealth Advisors Inc. boosted its holdings in shares of VanEck Inflation Allocation ETF by 32.7% in the fourth quarter. Beam Wealth Advisors Inc. now owns 504,172 shares of the company’s stock worth $14,213,000 after acquiring an additional 124,376 shares during the period. LPL Financial LLC boosted its holdings in shares of VanEck Inflation Allocation ETF by 11.9% in the fourth quarter. LPL Financial LLC now owns 417,772 shares of the company’s stock worth $11,777,000 after acquiring an additional 44,397 shares during the period. Copley Financial Group Inc. boosted its holdings in shares of VanEck Inflation Allocation ETF by 73.7% in the fourth quarter. Copley Financial Group Inc. now owns 208,346 shares of the company’s stock worth $5,873,000 after acquiring an additional 88,410 shares during the period. Avalon Capital Management bought a new position in shares of VanEck Inflation Allocation ETF in the fourth quarter worth $1,921,000. Finally, Austin Wealth Management LLC boosted its holdings in shares of VanEck Inflation Allocation ETF by 32.9% in the fourth quarter. Austin Wealth Management LLC now owns 53,257 shares of the company’s stock worth $1,573,000 after acquiring an additional 13,193 shares during the period.

VanEck Inflation Allocation ETF Price Performance

VanEck Inflation Allocation ETF stock opened at $31.11 on Wednesday. VanEck Inflation Allocation ETF has a one year low of $26.70 and a one year high of $31.41. The business has a fifty day moving average price of $29.92 and a 200-day moving average price of $29.61. The firm has a market capitalization of $126.93 million, a P/E ratio of 20.71 and a beta of 0.63.

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.