Pacific Edge Advisors LLC Invests $10.53 Million in iShares Core S&P 500 ETF (IVV) Stock

Pacific Edge Advisors LLC bought a new stake in iShares Core S&P 500 ETF (NYSEARCA:IVV) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 41,858 shares of the company’s stock, valued at approximately $10,532,000. iShares Core S&P 500 ETF makes up approximately 6.7% of Pacific Edge Advisors LLC’s holdings, making the stock its 4th biggest position.

A number of other hedge funds also recently bought and sold shares of the stock. BlackRock Inc. lifted its stake in iShares Core S&P 500 ETF by 1.4% in the 4th quarter. BlackRock Inc. now owns 47,183,147 shares of the company’s stock valued at $11,871,751,000 after buying an additional 660,452 shares in the last quarter. Bank of America Corp DE lifted its stake in iShares Core S&P 500 ETF by 3.7% in the 4th quarter. Bank of America Corp DE now owns 41,387,004 shares of the company’s stock valued at $10,413,384,000 after buying an additional 1,461,610 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in iShares Core S&P 500 ETF by 5.6% in the 4th quarter. PNC Financial Services Group Inc. now owns 6,757,245 shares of the company’s stock valued at $1,700,189,000 after buying an additional 361,347 shares in the last quarter. First Command Advisory Services Inc. lifted its stake in iShares Core S&P 500 ETF by 1.6% in the 4th quarter. First Command Advisory Services Inc. now owns 5,371,026 shares of the company’s stock valued at $1,352,478,000 after buying an additional 86,113 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in 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 buying an additional 771,401 shares in the last quarter.

IVV stock opened at $294.84 on Wednesday. iShares Core S&P 500 ETF has a 1 year low of $235.46 and a 1 year high of $296.69.

The firm also recently declared 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 represents a $4.52 dividend on an annualized basis and a dividend yield of 1.53%. The ex-dividend date was Wednesday, March 20th. This is a positive change 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.

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

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