iShares Core S&P 500 ETF (IVV) Shares Bought by Karpus Management Inc.

Karpus Management Inc. grew its holdings in iShares Core S&P 500 ETF (NYSEARCA:IVV) by 614.5% during the fourth quarter, Holdings Channel reports. The fund owned 256,200 shares of the company’s stock after purchasing an additional 220,344 shares during the period. iShares Core S&P 500 ETF accounts for about 2.6% of Karpus Management Inc.’s investment portfolio, making the stock its 9th biggest holding. Karpus Management Inc.’s holdings in iShares Core S&P 500 ETF were worth $64,462,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. INR Advisory Services LLC purchased a new position in shares of iShares Core S&P 500 ETF in the 4th quarter valued at about $53,000. Commonwealth Equity Services LLC increased its holdings in shares of iShares Core S&P 500 ETF by 10.6% in the 4th quarter. Commonwealth Equity Services LLC now owns 1,319,137 shares of the company’s stock valued at $331,908,000 after acquiring an additional 126,569 shares during the last quarter. First Commonwealth Financial Corp PA increased its holdings in shares of iShares Core S&P 500 ETF by 25.5% in the 4th quarter. First Commonwealth Financial Corp PA now owns 78,987 shares of the company’s stock valued at $19,873,000 after acquiring an additional 16,053 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of iShares Core S&P 500 ETF by 29.4% in the 4th quarter. Bank of New York Mellon Corp now owns 3,395,105 shares of the company’s stock valued at $854,242,000 after acquiring an additional 771,401 shares during the last quarter. Finally, Mizuho Trust & Banking Co. Ltd. purchased a new position in iShares Core S&P 500 ETF during the 4th quarter worth approximately $27,677,000.

NYSEARCA:IVV opened at $292.14 on Wednesday. iShares Core S&P 500 ETF has a 52-week low of $235.46 and a 52-week high of $296.69.

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Thursday, March 21st were paid a dividend of $1.1296 per share. This represents a $4.52 dividend on an annualized basis and a yield of 1.55%. The ex-dividend date was Wednesday, March 20th. This is an increase from iShares Core S&P 500 ETF’s previous quarterly dividend of $0.32.

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About iShares Core S&P 500 ETF

iShares Core S&P 500 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Standard & Poor’s 500 Index (the Index). The Index measures the performance of the large-capitalization sector of the United States equity market.

Read More: What are the benefits of a balanced fund?

Want to see what other hedge funds are holding IVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core S&P 500 ETF (NYSEARCA:IVV).

Institutional Ownership by Quarter for iShares Core S&P 500 ETF (NYSEARCA:IVV)

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