What This Fund's $180 Million Treasury Bet Signals to Long-Term Investors

Core Insights - Peavine Capital has increased its stake in the iShares 7-10 Year Treasury Bond ETF by 194,700 shares during Q3, with an estimated transaction value of approximately $18.6 million, bringing total holdings to nearly 1.9 million shares valued at $180.8 million [2][6] Investment Strategy - The iShares 7-10 Year Treasury Bond ETF (IEF) focuses on intermediate-term U.S. Treasury securities, primarily holding government bonds to ensure high credit quality and liquidity [6][8] - Peavine's investment strategy reflects a conservative approach, combining safe-haven bonds with broad market equity, as evidenced by significant holdings in both IEF and the S&P 500 ETF Trust [7][9] Performance Metrics - As of the latest market close, IEF shares were priced at $97.49, showing a 2.7% increase over the past year, while the S&P 500 gained 18% in the same period [3] - The IEF has net assets of $40.4 billion, a 12-month trailing yield of 3.71%, and a 1-year total return of 2.2% [4][10] Asset Allocation - Peavine's IEF position now constitutes 37.3% of its 13F reportable assets under management, with the S&P 500 ETF Trust making up 41.2% [3][7] - Together, IEF and SPY account for nearly 80% of Peavine's total holdings, indicating a strategic allocation aimed at mitigating risks associated with rate and equity volatility [9]