BATS:PIT

VanEck Commodity Strategy ETF (PIT) Price, Holdings, & News

$49.83
+0.25 (+0.50%)
(As of 04/23/2024 ET)
Today's Range
$49.67
$49.83
50-Day Range
$46.31
$50.71
52-Week Range
N/A
Volume
898 shs
Average Volume
N/A
Market Capitalization
$24.92 million
Assets Under Management
$24.80 million
Dividend Yield
5.88%
Net Expense Ratio
0.55%

About VanEck Commodity Strategy ETF

The VanEck Commodity Strategy ETF (PIT) is an exchange-traded fund that mostly invests in broad market commodities. The fund is an actively managed fund that invests in commodity securities from the energy, precious metals, industrial metals, agriculture and livestock sectors. The fund uses an optimized process to maximize risk-adjusted returns. PIT was launched on Dec 20, 2022 and is managed by VanEck.

PIT Stock Price History

PIT ETF News Headlines

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Fund Details

Issuer
Van Eck
Fund Name
VanEck Commodity Strategy ETF
Tax Classification
Regulated Investment Company
Inception Date
12/20/2022
Fund Manager
David Schassler, John Lau
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Commodities
Benchmark
N/A
Category
Broad Commodities
Focus
Broad Commodities
Development Level
Blended Development
Region
Global
Number of Holdings
6

Fund Statistics

Assets Under Management
$24.80 million
Average Daily Volume
$0.00
Discount/Premium
-0.01%

Administrator, Advisor and Custodian

Administrator
Van Eck Absolute Return Advisers Corporation
Advisor
Van Eck Absolute Return Advisers Corporation
Custodian
State Street Bank and Trust Company
Distributor
Van Eck Securities Corporation
Transfer Agent
State Street Bank and Trust Company
Trustee
N/A
Lead Market Maker
Virtu Financial

Miscellaneous

Beta
0.23
Creation Fee
$100.00
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VanEck Commodity Strategy ETF Expenses

TypePITBroad Commodities ETFsCommodities ETFsBATS ETFsAll ETFs
Management Fee0.55%0.61%0.66%0.56%0.51%
Other Expenses0.05%0.13%0.27%0.51%0.58%
Total Expense0.60%0.68%0.77%0.68%0.70%
Fee Waiver-0.05%-0.13%-0.18%-0.34%-0.57%
Net Expense0.55%0.62%0.70%0.63%0.58%

VanEck Commodity Strategy ETF (PIT) Holdings & Exposure

Top 6 PIT Holdings

  • United States Treasury Bills 0%
    Holding Weight: 25.32%
  • United States Treasury Bills 0%
    Holding Weight: 23.47%
  • Vaneck Commodity Strategy Sub
    Holding Weight: 22.13%
  • United States Treasury Bills 0%
    Holding Weight: 16.44%
  • United States Treasury Bills 0%
    Holding Weight: 9.11%
  • Us Dollar
    Holding Weight: 3.53%

PIT Sector Exposure

PIT Industry Exposure


PIT ETF - Frequently Asked Questions

How have PIT shares performed in 2024?

VanEck Commodity Strategy ETF's stock was trading at $45.9454 on January 1st, 2024. Since then, PIT shares have increased by 8.5% and is now trading at $49.8317.
View the best growth stocks for 2024 here
.

What does PIT invest in?

VanEck Commodity Strategy ETF is a commodities fund issued by Van Eck. PIT focuses on broad commodities investments. The fund's investments total to approximately $24.80 million assets under management.

What is the management fee for VanEck Commodity Strategy ETF?

VanEck Commodity Strategy ETF's management fee is 0.55% and has other expenses of 0.05%. However, PIT has a fee waiver of -0.05% to reimburse the expenses. The net expense ratio for PIT is 0.55%.

How do I buy shares of VanEck Commodity Strategy ETF?

Shares of PIT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (BATS:PIT) was last updated on 4/24/2024 by MarketBeat.com Staff

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