Sanctuary Advisors LLC Purchases Shares of 70,579 VanEck Real Assets ETF $RAAX

Sanctuary Advisors LLC acquired a new position in shares of VanEck Real Assets ETF (NYSEARCA:RAAX) in the 1st quarter, Holdings Channel.com reports. The firm acquired 70,579 shares of the company’s stock, valued at approximately $2,873,000.

A number of other institutional investors also recently made changes to their positions in the company. Tucker Asset Management LLC acquired a new position in shares of VanEck Real Assets ETF in the fourth quarter valued at approximately $43,000. NewEdge Advisors LLC lifted its holdings in VanEck Real Assets ETF by 514.6% during the 4th quarter. NewEdge Advisors LLC now owns 1,893 shares of the company’s stock worth $66,000 after purchasing an additional 1,585 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in VanEck Real Assets ETF by 1,129.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,967 shares of the company’s stock worth $69,000 after purchasing an additional 1,807 shares during the last quarter. Osaic Holdings Inc. boosted its stake in VanEck Real Assets ETF by 332.7% in the 2nd quarter. Osaic Holdings Inc. now owns 2,354 shares of the company’s stock valued at $73,000 after purchasing an additional 1,810 shares during the period. Finally, First Growth Capital LLC bought a new stake in VanEck Real Assets ETF in the 1st quarter valued at $216,000.

VanEck Real Assets ETF Price Performance

Shares of NYSEARCA RAAX opened at $39.37 on Tuesday. The stock’s fifty day moving average price is $40.48 and its two-hundred day moving average price is $40.13. VanEck Real Assets ETF has a one year low of $31.48 and a one year high of $42.75. The firm has a market cap of $1.09 billion, a price-to-earnings ratio of 22.21 and a beta of 0.55.

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