Stone Ridge Holdings Group LP Takes $2.82 Million Position in Stone Ridge 2060 Longevity Income ETF (NYSEARCA:LFAW)

Stone Ridge Holdings Group LP bought a new stake in Stone Ridge 2060 Longevity Income ETF (NYSEARCA:LFAW) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 166,000 shares of the company’s stock, valued at approximately $2,818,000. Stone Ridge 2060 Longevity Income ETF comprises about 4.5% of Stone Ridge Holdings Group LP’s investment portfolio, making the stock its 20th largest holding.

Stone Ridge 2060 Longevity Income ETF Price Performance

NYSEARCA LFAW opened at $168.66 on Tuesday. Stone Ridge 2060 Longevity Income ETF has a 1-year low of $164.38 and a 1-year high of $189.99. The firm has a 50-day moving average of $168.79.

Stone Ridge 2060 Longevity Income ETF Company Profile

The Stone Ridge 2060 Longevity Income ETF (LFAW) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund actively manages US Treasury exposure, aiming to provide predictable cashflows through 2060. The fund is designed to appeal to investors born in 1960 and reaching age 100.