CVS HEALTH Corp Makes New Investment in iShares 3-7 Year Treasury Bond ETF $IEI

CVS HEALTH Corp acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 300,000 shares of the company’s stock, valued at approximately $34,032,000. iShares 3-7 Year Treasury Bond ETF comprises about 7.9% of CVS HEALTH Corp’s holdings, making the stock its 4th largest position.

Other large investors have also made changes to their positions in the company. Independence Financial Advisors LLC raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 5.2% in the 3rd quarter. Independence Financial Advisors LLC now owns 184,973 shares of the company’s stock worth $20,983,000 after purchasing an additional 9,123 shares during the period. Evergreen Capital Management LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF during the third quarter worth approximately $104,931,000. Legacy Private Trust Co. purchased a new stake in iShares 3-7 Year Treasury Bond ETF during the third quarter worth approximately $1,377,000. Bank of America Corp DE raised its stake in shares of iShares 3-7 Year Treasury Bond ETF by 39.7% in the 1st quarter. Bank of America Corp DE now owns 9,242,672 shares of the company’s stock valued at $1,096,181,000 after acquiring an additional 2,627,948 shares during the period. Finally, Silicon Valley Capital Partners lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 13.2% during the 2nd quarter. Silicon Valley Capital Partners now owns 357,310 shares of the company’s stock valued at $41,966,000 after acquiring an additional 41,726 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

NASDAQ:IEI opened at $114.39 on Thursday. iShares 3-7 Year Treasury Bond ETF has a twelve month low of $112.88 and a twelve month high of $120.78. The firm’s fifty day simple moving average is $114.34 and its 200 day simple moving average is $116.99.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

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

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.