IFC Holdings Incorporated FL raised its stake in PowerShares Fin. Preferred Port. (NYSE:PGF) by 12.0% during the second quarter, Holdings Channel reports. The fund owned 17,735 shares of the exchange traded fund’s stock after buying an additional 1,895 shares during the period. IFC Holdings Incorporated FL’s holdings in PowerShares Fin. Preferred Port. were worth $341,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the company. Sigma Planning Corp raised its stake in PowerShares Fin. Preferred Port. by 15.9% in the second quarter. Sigma Planning Corp now owns 19,806 shares of the exchange traded fund’s stock valued at $378,000 after buying an additional 2,723 shares during the last quarter. Rockland Trust Co. raised its stake in PowerShares Fin. Preferred Port. by 47.1% in the second quarter. Rockland Trust Co. now owns 48,438 shares of the exchange traded fund’s stock valued at $925,000 after buying an additional 15,512 shares during the last quarter. Lakeview Capital Partners LLC raised its stake 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 valued at $369,000 after buying an additional 3,300 shares during the last quarter. Endurance Wealth Management Inc. raised its stake 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 valued at $440,000 after buying an additional 660 shares during the last quarter. Finally, Stratos Wealth Partners LTD. acquired a new stake in PowerShares Fin. Preferred Port. during the second quarter valued at about $469,000.

Shares of PowerShares Fin. Preferred Port. (NYSE PGF) opened at 19.01 on Tuesday. PowerShares Fin. Preferred Port. has a 52-week low of $17.65 and a 52-week high of $19.50. The stock has a 50 day moving average of $19.08 and a 200 day moving average of $18.84.

The firm also recently announced a monthly dividend, which was paid on Monday, July 31st. Shareholders of record on Tuesday, July 18th were paid a $0.0842 dividend. The ex-dividend date was Friday, July 14th. This is a boost from PowerShares Fin. Preferred Port.’s previous monthly dividend of $0.08. This represents a $1.01 dividend on an annualized basis and a yield of 5.31%.

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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.

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

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