Meeder isn't buying anything. That is not how it works.
Meeder is an asset manager. When a new client transfers in securities, they have to report it. So the shares you see on their 13F would have been bought by the client previous to their association with Meeder.
Obviously, buying worthless crap like RCPIQ is EXACTLY why that client has now engaged a professional money manager. They obviously were lousy at making their own investment decisions.
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