The investment seeks to track the investment results of the ICE® Short US Treasury Securities Index. The fund generally invests at least 90% of its assets in the bonds of the underlying index and at least 95% of its assets in U.S. government bonds. The index measures the performance of public obligations of the U.S. Treasury that have a remaining maturity of less than or equal to one year.
IPO Year: n/a
Exchange: NASDAQ
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In a world where cash is once again king, investors are turning their attention to cash-like funds and ETFs. One universe garnering notable interest is the U.S. Treasury market, where yields on short-term bonds have climbed to levels not seen in nearly two decades. As of now, the annual yield on U.S. Treasury bonds, particularly those with maturities of up to two years, hovers around 5%. To put this into perspective, it’s the highest yield these securities have offered since June 2007 and is currently well above the latest annual inflation rate of 3.7%. What’s remarkable about this return is that it comes from one of the safest assets in the world — U.S. Treasury securities. Why Sh
August’s unpredictable market swings have led investors to seek solace in cash-equivalent ETFs, marking the most significant influx in recent months. Billions Flow into Ultra-Short Bond ETFs Investors have funneled a whopping $7 billion into ultra-short bond ETFs in August, as per Bloomberg Intelligence data. A significant chunk, over $2 billion, found its way to the SPDR Bloomberg 1-3 Month T-Bill ETF (NYSE:BIL), marking a turnaround from the previous four months of capital flight. Why the Sudden Appeal? ETFs boasting short-term Treasury securities with returns exceeding 5% have become the sanctuary for investors, shielding them from the volatile movements of both stocks and
On CNBC’s “Halftime Report Final Trades,” Rob Sechan of New Edge Capital Group recommended iShares Short Treasury Bond ETF (NASDAQ:SHV) saying the inverted yield curve offers “a nice yield in the short run.” Stephen Weiss of Short Hills Capital Partners suggested to “sell some covered calls, out of the money” if you own shares of Apple Inc (NASDAQ:AAPL). If you don’t own the stock, buy the puts, which are “pretty cheap,” he added. Check out other stocks making moves in the premarket. Shannon Saccocia of Boston Private recommended Amazon.com, Inc. (NASDAQ:AMZN) ahead of earnings on Thursday. “We may see a little bit of pressure, but I am not that concerned about it,” she said. Also Read: