Trade Alert – Equity & ETF Models
With the much-needed correction in bond yields in progress, we are taking the opportunity to shift some of our very short-duration bond holdings to a bit longer duration. In the ETF and Equity model, we are reducing the iShares 1-3 Year Treasury Bond ETF (SHY) and shifting it to the iShares 3-7 Year Treasury Bond ETF (IEI.) We are not changing our total bond weightings, just adjusting the holdings to extend the duration. As bond yields correct, we will continue this process across the bond portfolio.
In the Equity model, we are reducing GE Vernova (GEV) back to the target weight after an extensive run higher.
Equity Model
- Reduce GEV to 1% of the portfolio.
- Reduce SHY by 5% of the portfolio and increase IEI by the same amount.
ETF Model
- Reduce SHY by 5% of the portfolio and increase IEI by the same amount.
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Lance Roberts is a Chief Portfolio Strategist/Economist for RIA Advisors. He is also the host of “The Lance Roberts Podcast” and Chief Editor of the “Real Investment Advice” website and author of “Real Investment Daily” blog and “Real Investment Report“. Follow Lance on Facebook, Twitter, Linked-In and YouTube
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