CVS HEALTH Corp Buys Shares of 182,800 iShares 3-7 Year Treasury Bond ETF $IEI

CVS HEALTH Corp purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 182,800 shares of the company’s stock, valued at approximately $21,680,000. iShares 3-7 Year Treasury Bond ETF comprises about 10.2% of CVS HEALTH Corp’s portfolio, making the stock its 2nd biggest position.

Several other hedge funds also recently made changes to their positions in the business. Balefire LLC acquired a new position in iShares 3-7 Year Treasury Bond ETF during the first quarter worth $209,000. AlphaCentric Advisors LLC grew its position in iShares 3-7 Year Treasury Bond ETF by 171.2% in the first quarter. AlphaCentric Advisors LLC now owns 6,519 shares of the company’s stock valued at $773,000 after purchasing an additional 4,115 shares in the last quarter. Assetmark Inc. increased its stake in iShares 3-7 Year Treasury Bond ETF by 9.8% in the 1st quarter. Assetmark Inc. now owns 3,352,425 shares of the company’s stock valued at $397,598,000 after buying an additional 300,397 shares during the last quarter. One Day In July LLC increased its stake in iShares 3-7 Year Treasury Bond ETF by 0.5% in the 1st quarter. One Day In July LLC now owns 24,490 shares of the company’s stock valued at $2,905,000 after buying an additional 125 shares during the last quarter. Finally, Independent Financial Group LLC acquired a new stake in iShares 3-7 Year Treasury Bond ETF in the 1st quarter valued at $985,000.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:IEI opened at $116.76 on Tuesday. The company’s 50-day moving average price is $117.14 and its two-hundred day moving average price is $118.36. iShares 3-7 Year Treasury Bond ETF has a one year low of $116.43 and a one year high of $120.78.

iShares 3-7 Year Treasury Bond ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were given a $0.3625 dividend. The ex-dividend date of this dividend was Wednesday, July 1st.

About iShares 3-7 Year Treasury Bond ETF

iShares 3-7 Year Treasury Bond ETF (the Fund), formerly iShares Barclays 3-7 Year Treasury Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Barclays Capital U.S. 3-7 Year Treasury Bond Index (the Index). The Index measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to three years and less than seven years. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.