Stratos Wealth Partners LTD. Sells 805 Shares of VanEck Inflation Allocation ETF (NYSEARCA:RAAX)

Stratos Wealth Partners LTD. trimmed its holdings in VanEck Inflation Allocation ETF (NYSEARCA:RAAX) by 6.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,872 shares of the company’s stock after selling 805 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in VanEck Inflation Allocation ETF were worth $306,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Lionsbridge Wealth Management LLC boosted its position in shares of VanEck Inflation Allocation ETF by 133.5% in 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. Blue Trust Inc. bought a new stake in shares of VanEck Inflation Allocation ETF in the fourth quarter valued at approximately $26,000. Journey Strategic Wealth LLC boosted 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 acquiring an additional 3,631 shares during the period. Magnus Financial Group LLC boosted 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 acquiring an additional 539 shares during the period. Finally, ORG Partners LLC bought a new stake in shares of VanEck Inflation Allocation ETF in the fourth quarter valued at approximately $28,000.

VanEck Inflation Allocation ETF Price Performance

Shares of RAAX stock opened at $29.77 on Thursday. The stock has a market cap of $87.82 million, a P/E ratio of 12.92 and a beta of 0.46. VanEck Inflation Allocation ETF has a one year low of $24.47 and a one year high of $30.82. The stock has a fifty day moving average price of $29.10 and a 200 day moving average price of $28.93.

About VanEck Inflation Allocation 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.