VanEck Real Assets ETF $RAAX Shares Newly Acquired by Sowell Financial Services LLC

Sowell Financial Services LLC acquired a new stake in shares of VanEck Real Assets ETF (NYSEARCA:RAAX) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 15,670 shares of the company’s stock, valued at approximately $624,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cetera Investment Advisers boosted its stake in shares of VanEck Real Assets ETF by 2,052.3% in the first quarter. Cetera Investment Advisers now owns 1,063,396 shares of the company’s stock worth $43,291,000 after acquiring an additional 1,013,989 shares during the last quarter. New England Private Wealth Advisors LLC lifted its holdings in VanEck Real Assets ETF by 14.5% in the 3rd quarter. New England Private Wealth Advisors LLC now owns 692,344 shares of the company’s stock valued at $27,576,000 after purchasing an additional 87,670 shares in the last quarter. Assetmark Inc. boosted its stake in VanEck Real Assets ETF by 12.8% during the 1st quarter. Assetmark Inc. now owns 406,755 shares of the company’s stock worth $16,559,000 after purchasing an additional 46,108 shares during the last quarter. Beaumont Financial Advisors LLC increased its holdings in shares of VanEck Real Assets ETF by 87.8% in the first quarter. Beaumont Financial Advisors LLC now owns 363,123 shares of the company’s stock valued at $14,783,000 after purchasing an additional 169,716 shares during the last quarter. Finally, MinichMacGregor Wealth Management LLC increased its stake in shares of VanEck Real Assets ETF by 1.5% in the 3rd quarter. MinichMacGregor Wealth Management LLC now owns 269,560 shares of the company’s stock worth $10,737,000 after acquiring an additional 3,943 shares during the last quarter.

VanEck Real Assets ETF Trading Down 0.9%

Shares of RAAX stock opened at $39.29 on Tuesday. The company’s 50-day moving average price is $40.73 and its 200-day moving average price is $40.54. The stock has a market cap of $1.40 billion, a price-to-earnings ratio of 22.21 and a beta of 0.57. VanEck Real Assets ETF has a twelve month low of $33.96 and a twelve month high of $42.75.

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.