Belpointe Buys Almost $24 Million in IBTF iShares iBonds ETF

Core Insights - Belpointe Asset Management LLC has acquired over 1 million shares of the iShares iBonds Dec 2025 Term Treasury ETF, valued at approximately $23.44 million, indicating a strategic investment in U.S. Treasury bonds [1][2]. Company Overview - The iShares iBonds Dec 2025 Term Treasury ETF has net assets of $1.8 billion and a share price of $23.37, with a yield of 4.13% [4]. - The ETF primarily holds U.S. Treasury bonds, with at least 90% of its assets in these securities, providing exposure to short-duration government debt [5][6]. Investment Strategy - The fund's defined maturity structure offers transparency and predictability, appealing to investors seeking specific maturity horizons and regular income distributions [5]. - Increasing exposure to short-term treasury bonds is viewed as a defensive strategy, as these bonds provide a relatively low-risk way to generate fixed income [7]. Portfolio Composition - Following the recent purchase, the iShares iBonds Dec 2025 Term Treasury ETF now represents 1.09% of Belpointe's 13F assets under management, positioned outside its top five holdings [3]. - Belpointe has reduced its position in State Street's SPDR Bloomberg 1-3 Month T-Bill ETF by approximately $22 million, aligning with its investment in the IBTF shares [9]. Additional Information - Belpointe Asset Management has been recognized as one of Forbes' top RIA Firms for 2024, managing a highly diversified portfolio that includes U.S. equities, international investments, fixed-income securities, and real estate investment trusts [10].