CVS Health expanded its bond ETF exposure in the first quarter by taking new positions across multiple funds. The company acquired 182,800 shares of iShares 3-7 Year Treasury Bond ETF (IEI), valued at about $21.68 million, making IEI roughly 10% of CVS’s portfolio and its second-largest holding. It also opened a stake in Vanguard Short-Term Corporate Bond ETF (VCSH) of 120,000 shares worth about $9.51 million, roughly 4.5% of CVS’s portfolio and its eighth-largest position. In addition, CVS purchased 20,000 shares of iShares 20+ Year Treasury Bond ETF (TLT) for about $1.73 million, representing 0.8% of the portfolio and ranking around 18th in size. The retailer also added 60,000 shares of Vanguard Intermediate-Term Corporate Bond ETF (VCIT) worth about $4.97 million, about 2.3% of holdings and 12th largest, and 35,000 shares of iShares 7-10 Year Treasury Bond ETF (IEF) for roughly $3.34 million, about 1.6% of the portfolio and 16th largest.