Virtu Financial LLC Acquires Shares of 51,513 VanEck Inflation Allocation ETF (NYSEARCA:RAAX)

Virtu Financial LLC acquired a new stake in shares of VanEck Inflation Allocation ETF (NYSEARCA:RAAX) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 51,513 shares of the company’s stock, valued at approximately $1,452,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Magnus Financial Group LLC raised its position in shares of VanEck Inflation Allocation ETF by 1.5% in the fourth quarter. Magnus Financial Group LLC now owns 36,663 shares of the company’s stock valued at $1,034,000 after buying an additional 539 shares during the last quarter. Blue Trust Inc. acquired a new stake in shares of VanEck Inflation Allocation ETF in the fourth quarter valued at about $26,000. ORG Partners LLC acquired a new stake in shares of VanEck Inflation Allocation ETF in the fourth quarter valued at about $28,000. Journey Strategic Wealth LLC raised its position in shares of VanEck Inflation Allocation ETF by 21.4% in the fourth quarter. Journey Strategic Wealth LLC now owns 20,629 shares of the company’s stock valued at $582,000 after buying an additional 3,631 shares during the last quarter. Finally, Entrewealth LLC acquired a new stake in shares of VanEck Inflation Allocation ETF in the fourth quarter valued at about $266,000.

VanEck Inflation Allocation ETF Trading Down 0.9 %

VanEck Inflation Allocation ETF stock opened at $29.94 on Friday. VanEck Inflation Allocation ETF has a 12-month low of $26.35 and a 12-month high of $30.82. The stock has a market cap of $103.29 million, a P/E ratio of 20.67 and a beta of 0.68. The company has a 50-day moving average price of $29.58 and a 200 day moving average price of $29.28.

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.