PowerShares Fin. Preferred Port. (PGF) Shares Bought by DT Investment Partners LLC

DT Investment Partners LLC boosted its stake in PowerShares Fin. Preferred Port. (NYSE:PGF) by 20.1% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 116,653 shares of the exchange traded fund’s stock after buying an additional 19,499 shares during the period. PowerShares Fin. Preferred Port. accounts for approximately 0.4% of DT Investment Partners LLC’s holdings, making the stock its 17th largest position. DT Investment Partners LLC’s holdings in PowerShares Fin. Preferred Port. were worth $2,229,000 at the end of the most recent reporting period.

Separately, Aviance Capital Partners LLC boosted its stake in PowerShares Fin. Preferred Port. by 8.8% in the second quarter. Aviance Capital Partners LLC now owns 54,861 shares of the exchange traded fund’s stock valued at $1,048,000 after buying an additional 4,429 shares in the last quarter.

Shares of PowerShares Fin. Preferred Port. (NYSE:PGF) opened at 18.92 on Friday. PowerShares Fin. Preferred Port. has a 1-year low of $17.65 and a 1-year high of $19.42. The firm’s 50 day moving average is $19.06 and its 200 day moving average is $18.85.

The firm also recently announced a monthly dividend, which will be paid on Thursday, August 31st. Investors of record on Thursday, August 17th will be given a dividend of $0.0842 per share. This is a positive change from PowerShares Fin. Preferred Port.’s previous monthly dividend of $0.08. The ex-dividend date is Tuesday, August 15th. This represents a $1.01 annualized dividend and a dividend yield of 5.34%.

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About PowerShares Fin. Preferred Port.

PowerShares Financial Preferred Portfolio (the Fund) is a non-diversified fund. The Fund is based on the Wells Fargo Hybrid and Preferred Financial Index (WHPSF Financial Index) (the Index). The Index tracks the performance of the United States-listed securities issued by financial institutions. The Index is rebalanced monthly.

Institutional Ownership by Quarter for PowerShares Fin. Preferred Port. (NYSE:PGF)

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