Blue Trust Inc. Makes New $26,000 Investment in VanEck Inflation Allocation ETF (NYSEARCA:RAAX)

Blue Trust Inc. bought a new position in VanEck Inflation Allocation ETF (NYSEARCA:RAAX) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund bought 908 shares of the company’s stock, valued at approximately $26,000.

Several other hedge funds have also recently made changes to their positions in RAAX. ORG Partners LLC bought a new stake in VanEck Inflation Allocation ETF during the fourth quarter worth approximately $28,000. Journey Strategic Wealth LLC boosted its holdings in shares of VanEck Inflation Allocation ETF by 21.4% in the 4th quarter. Journey Strategic Wealth LLC now owns 20,629 shares of the company’s stock worth $582,000 after purchasing an additional 3,631 shares during the period. Lionsbridge Wealth Management LLC boosted its holdings in shares of VanEck Inflation Allocation ETF by 133.5% in the 3rd quarter. Lionsbridge Wealth Management LLC now owns 30,467 shares of the company’s stock worth $882,000 after purchasing an additional 17,418 shares during the period. Magnus Financial Group LLC increased its position in shares of VanEck Inflation Allocation ETF by 1.5% during the 4th quarter. Magnus Financial Group LLC now owns 36,663 shares of the company’s stock valued at $1,034,000 after purchasing an additional 539 shares during the last quarter. Finally, Austin Wealth Management LLC raised its holdings in VanEck Inflation Allocation ETF by 4.4% during the 3rd quarter. Austin Wealth Management LLC now owns 40,064 shares of the company’s stock valued at $1,175,000 after buying an additional 1,692 shares during the period.

VanEck Inflation Allocation ETF Stock Down 0.5 %

Shares of RAAX opened at $29.35 on Friday. The business has a fifty day moving average of $29.23 and a 200 day moving average of $29.10. The company has a market cap of $100.67 million, a PE ratio of 20.19 and a beta of 0.70. VanEck Inflation Allocation ETF has a 52-week low of $25.02 and a 52-week high of $30.82.

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.