Western Wealth Management LLC Takes Position in iShares Core S&P 500 ETF (IVV)

Western Wealth Management LLC acquired a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 32,613 shares of the company’s stock, valued at approximately $8,214,000. iShares Core S&P 500 ETF accounts for approximately 2.2% of Western Wealth Management LLC’s investment portfolio, making the stock its 8th largest position.

Several other hedge funds have also recently made changes to their positions in the company. Cetera Investment Advisers lifted its position in shares of iShares Core S&P 500 ETF by 11.4% in the fourth quarter. Cetera Investment Advisers now owns 17,193 shares of the company’s stock valued at $4,333,000 after acquiring an additional 1,758 shares in the last quarter. Karpus Management Inc. increased its stake in iShares Core S&P 500 ETF by 614.5% during the fourth quarter. Karpus Management Inc. now owns 256,200 shares of the company’s stock worth $64,462,000 after acquiring an additional 220,344 shares during the last quarter. Cetera Advisor Networks LLC increased its stake in iShares Core S&P 500 ETF by 57.6% during the fourth quarter. Cetera Advisor Networks LLC now owns 263,870 shares of the company’s stock worth $66,440,000 after acquiring an additional 96,468 shares during the last quarter. First Allied Advisory Services Inc. increased its stake in iShares Core S&P 500 ETF by 16.6% during the fourth quarter. First Allied Advisory Services Inc. now owns 159,242 shares of the company’s stock worth $40,107,000 after acquiring an additional 22,684 shares during the last quarter. Finally, Mutual Advisors LLC increased its stake in iShares Core S&P 500 ETF by 9.0% during the fourth quarter. Mutual Advisors LLC now owns 126,252 shares of the company’s stock worth $31,766,000 after acquiring an additional 10,428 shares during the last quarter.

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

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iShares Core S&P 500 ETF Company Profile

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.

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

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