PCG Wealth Advisors LLC Has $3.96 Million Position in VanEck Real Assets ETF $RAAX

PCG Wealth Advisors LLC grew its holdings in shares of VanEck Real Assets ETF (NYSEARCA:RAAX) by 167.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 99,818 shares of the company’s stock after buying an additional 62,483 shares during the quarter. PCG Wealth Advisors LLC’s holdings in VanEck Real Assets ETF were worth $3,960,000 at the end of the most recent reporting period.

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

VanEck Real Assets ETF Trading Down 0.3%

NYSEARCA RAAX opened at $41.62 on Friday. The company has a market cap of $1.21 billion, a PE ratio of 22.21 and a beta of 0.56. VanEck Real Assets ETF has a 12 month low of $32.88 and a 12 month high of $42.75. The stock has a 50 day moving average of $40.37 and a 200-day moving average of $40.80.

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.