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

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

Several other institutional investors and hedge funds have also modified their holdings of RAAX. ORG Partners LLC acquired a new position in shares of VanEck Inflation Allocation ETF in the fourth quarter worth about $28,000. Journey Strategic Wealth LLC grew its position in shares of VanEck Inflation Allocation ETF by 21.4% during the 4th 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. Lionsbridge Wealth Management LLC increased its stake 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 valued at $882,000 after purchasing an additional 17,418 shares in the last quarter. Magnus Financial Group LLC raised its holdings in VanEck Inflation Allocation ETF by 1.5% in the 4th quarter. Magnus Financial Group LLC now owns 36,663 shares of the company’s stock worth $1,034,000 after purchasing an additional 539 shares during the period. Finally, Austin Wealth Management LLC boosted its position in VanEck Inflation Allocation ETF by 4.4% during the third quarter. Austin Wealth Management LLC now owns 40,064 shares of the company’s stock worth $1,175,000 after purchasing an additional 1,692 shares in the last quarter.

VanEck Inflation Allocation ETF Trading Down 0.5 %

Shares of RAAX opened at $29.35 on Friday. The firm has a market cap of $100.67 million, a P/E ratio of 20.19 and a beta of 0.70. VanEck Inflation Allocation ETF has a 12 month low of $25.02 and a 12 month high of $30.82. The stock’s 50 day moving average is $29.23 and its two-hundred day moving average is $29.10.

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.