SignalPoint Asset Management LLC increased its position in PowerShares Fin. Preferred Port. (NYSE:PGF) by 0.0% during the second quarter, Holdings Channel reports. The firm owned 102,005 shares of the exchange traded fund’s stock after buying an additional 15 shares during the period. SignalPoint Asset Management LLC’s holdings in PowerShares Fin. Preferred Port. were worth $1,949,000 as of its most recent filing with the SEC.

Several other institutional investors also recently added to or reduced their stakes in the company. Lakeview Capital Partners LLC boosted its position in PowerShares Fin. Preferred Port. by 20.6% in the second quarter. Lakeview Capital Partners LLC now owns 19,300 shares of the exchange traded fund’s stock worth $369,000 after buying an additional 3,300 shares during the period. Endurance Wealth Management Inc. boosted its position in PowerShares Fin. Preferred Port. by 3.0% in the second quarter. Endurance Wealth Management Inc. now owns 23,030 shares of the exchange traded fund’s stock worth $440,000 after buying an additional 660 shares during the period. Janney Montgomery Scott LLC boosted its position in PowerShares Fin. Preferred Port. by 15.4% in the second quarter. Janney Montgomery Scott LLC now owns 23,067 shares of the exchange traded fund’s stock worth $441,000 after buying an additional 3,079 shares during the period. Stratos Wealth Partners LTD. bought a new position in PowerShares Fin. Preferred Port. during the second quarter worth $469,000. Finally, Aviance Capital Partners LLC boosted its position 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 worth $1,048,000 after buying an additional 4,429 shares during the period.

PowerShares Fin. Preferred Port. (NYSE:PGF) opened at 19.125 on Tuesday. The company has a 50-day moving average price of $19.07 and a 200 day moving average price of $18.79. PowerShares Fin. Preferred Port. has a 1-year low of $17.65 and a 1-year high of $19.56.

The firm also recently announced a monthly dividend, which was paid on Monday, July 31st. Stockholders of record on Tuesday, July 18th were issued a $0.0842 dividend. The ex-dividend date of this dividend was Friday, July 14th. This represents a $1.01 dividend on an annualized basis and a dividend yield of 5.28%. This is a positive change from PowerShares Fin. Preferred Port.’s previous monthly dividend of $0.08.

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PowerShares Fin. Preferred Port. Company Profile

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.

Want to see what other hedge funds are holding PGF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PowerShares Fin. Preferred Port. (NYSE:PGF).

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

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