300,000 Shares in iShares 3-7 Year Treasury Bond ETF $IEI Purchased by CVS HEALTH Corp

CVS HEALTH Corp purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 300,000 shares of the company’s stock, valued at approximately $34,032,000. iShares 3-7 Year Treasury Bond ETF comprises approximately 7.9% of CVS HEALTH Corp’s holdings, making the stock its 4th biggest position. CVS HEALTH Corp owned approximately 0.20% of iShares 3-7 Year Treasury Bond ETF at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Bank of America Corp DE lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 39.7% in the first quarter. Bank of America Corp DE now owns 9,242,672 shares of the company’s stock valued at $1,096,181,000 after purchasing an additional 2,627,948 shares in the last quarter. Assetmark Inc. raised 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 purchasing an additional 300,397 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich acquired a new position in iShares 3-7 Year Treasury Bond ETF in the 3rd quarter valued at about $283,503,000. Royal Bank of Canada boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 0.5% during the 1st quarter. Royal Bank of Canada now owns 1,113,025 shares of the company’s stock worth $132,004,000 after purchasing an additional 5,121 shares during the last quarter. Finally, WestEnd Advisors LLC purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF during the third quarter valued at approximately $127,896,000.

iShares 3-7 Year Treasury Bond ETF Stock Down 0.1%

IEI stock opened at $114.39 on Thursday. iShares 3-7 Year Treasury Bond ETF has a one year low of $112.88 and a one year high of $120.78. The company has a 50 day moving average price of $114.34 and a two-hundred day moving average price of $116.99.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, November 5th. Investors of record on Monday, November 2nd were given a dividend of $0.3809 per share. This represents a $4.57 annualized dividend and a yield of 4.0%. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.3683. The ex-dividend date was Monday, November 2nd.

iShares 3-7 Year Treasury Bond ETF Profile

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.