BIV: Inflation Uncertainty And Why I'm Moving From Buy To Hold
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Node Analytica Research354 FollowersFollow5ShareSavePlay(9min)CommentsSummaryThe Vanguard Intermediate-Term Bond Index ETF (BIV) offers stable income and capital appreciation via investment-grade US Treasuries and corporates, focusing on 5–10 year maturities.BIV is well-positioned for a gradual interest rate decline and moderate inflation, with a 3.9% TTM yield and a 0.03% expense ratio.Nearly 58% of BIV's portfolio is US government debt, with the remainder in high-quality corporates, minimizing default risk and emphasizing interest rate sensitivity.I recommend maintaining BIV as a tactical fixed-income position, monitoring labor market trends and inflation for potential shifts in risk profile. Pgiam/iStock via Getty Images Intro & Thesis This article is an update to my previous coverage of the Vanguard Intermediate-Term Bond Index Fund (BIV), which I rated a Buy. At the time, my thesis was that BIV offered an attractiveThis article was written byNode Analytica Research354 FollowersFollowNode Analytica is a macro - onchain research firm whose founders have developed systematic investment strategies in the digital assets market in order to generate competitive and uncorrelated investment returns for institutional investors.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Recommended For You