Lineweaver Wealth Trims $9.8 Million in Short-Term Bond ETF as Investors Pivot to Stocks
Lineweaver Wealth Advisors has sold 201,311 shares of the iShares Core 1-5 Year USD Bond ETF (ISTB) for approximately $9.8 million, reducing its stake to 0.3% of its assets under management. This move reflects a shift towards equities as investors pivot away from short-term bonds amid expectations of Federal Reserve rate cuts. The fund retains 47,715 shares of ISTB, which has underperformed the S&P 500 by 12 percentage points over the past year. Lineweaver's top holdings now include IVV, FBND, and AGG.
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