1 week Ago By ABMN Staff
VanEck Inflation Allocation ETF ( NYSEARCA:RAAX – Get Free Report )’s share price was down 1.9% during trading on Friday . The company traded as low as $28.
26 and last traded at $28.30. Approximately 14,239 shares were traded during mid-day trading, a decline of 26% from the average daily volume of 19,369 shares.
The stock had previously closed at $28.85. VanEck Inflation Allocation ETF Trading Down 1.
9 % The firm has a 50-day moving average of $29.34 and a two-hundred day moving average of $28.56.
The firm has a market cap of $83.49 million, a price-to-earnings ratio of 12.92 and a beta of 0.
46. Institutional Investors Weigh In On VanEck Inflation Allocation ETF Several hedge funds have recently modified their holdings of the business. Copley Financial Group Inc.
bought a new position in shares of VanEck Inflation Allocation ETF during the 3rd quarter worth about $3,471,000. Beam Wealth Advisors Inc. grew its position in VanEck Inflation Allocation ETF by 2.
9% during the third quarter. Beam Wealth Advisors Inc. now owns 379,796 shares of the company’s stock worth $10,991,000 after buying an additional 10,734 shares in the last quarter.
Lionsbridge Wealth Management LLC increased its stake in VanEck Inflation Allocation ETF by 133.5% during the third quarter. Lionsbridge Wealth Management LLC now owns 30,467 shares of the company’s stock valued at $882,000 after acquiring an additional 17,418 shares during the period.
Austin Wealth Management LLC raised its holdings in VanEck Inflation Allocation ETF by 4.4% in the 3rd quarter. Austin Wealth Management LLC now owns 40,064 shares of the company’s stock valued at $1,175,000 after acquiring an additional 1,692 shares in the last quarter.
Finally, Magnus Financial Group LLC lifted its position in shares of VanEck Inflation Allocation ETF by 6.5% in the 3rd quarter. Magnus Financial Group LLC now owns 36,124 shares of the company’s stock worth $1,045,000 after acquiring an additional 2,196 shares during the period.
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.
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