SteelPeak Wealth Trims Two ETFs While Boosting Value Factor Holdings

SteelPeak Wealth LLC made mixed changes to its exchange-traded fund holdings in the third quarter, trimming its iShares U.S. Treasury Bond ETF position by 8.7% and its T. Rowe Price Floating Rate ETF stake by 13.1%. At the same time, it increased its iShares MSCI USA Value Factor ETF holdings by 29.2%, to 22,073 shares valued at about $4.37 million. Other institutional investors also adjusted positions in these funds, with several reporting increased holdings.