Csenge Advisory Group bought a new stake in PowerShares Fin. Preferred Port. (NYSE:PGF) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm bought 10,704 shares of the exchange traded fund’s stock, valued at approximately $203,000.

Other hedge funds have also modified their holdings of the company. FinTrust Investment Advisory Services LLC acquired a new stake in shares of PowerShares Fin. Preferred Port. during the 3rd quarter valued at $8,405,000. Eqis Capital Management Inc. boosted its holdings in shares of PowerShares Fin. Preferred Port. by 8.4% during the 3rd quarter. Eqis Capital Management Inc. now owns 229,562 shares of the exchange traded fund’s stock valued at $4,355,000 after acquiring an additional 17,809 shares in the last quarter. Cetera Investment Advisers boosted its holdings in shares of PowerShares Fin. Preferred Port. by 12.6% during the 2nd quarter. Cetera Investment Advisers now owns 18,550 shares of the exchange traded fund’s stock valued at $354,000 after acquiring an additional 2,080 shares in the last quarter. Advisory Services Network LLC boosted its holdings in shares of PowerShares Fin. Preferred Port. by 76.7% during the 2nd quarter. Advisory Services Network LLC now owns 5,657 shares of the exchange traded fund’s stock valued at $108,000 after acquiring an additional 2,455 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its holdings in shares of PowerShares Fin. Preferred Port. by 4.1% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 87,077 shares of the exchange traded fund’s stock valued at $1,663,000 after acquiring an additional 3,467 shares in the last quarter.

Several research analysts have commented on PGF shares. Royal Bank Of Canada reaffirmed a “hold” rating on shares of PowerShares Fin. Preferred Port. in a report on Monday, September 18th. Canaccord Genuity reaffirmed a “sell” rating on shares of PowerShares Fin. Preferred Port. in a report on Friday, October 13th.

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PowerShares Fin. Preferred Port. (NYSE PGF) opened at $18.89 on Monday. PowerShares Fin. Preferred Port. has a 12-month low of $17.65 and a 12-month high of $19.17.

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, October 31st. Stockholders of record on Tuesday, October 24th were given a $0.0841 dividend. This represents a $1.01 annualized dividend and a dividend yield of 5.34%. The ex-dividend date was Monday, October 23rd.

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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