Sigma Planning Corp raised its position in PowerShares Fin. Preferred Port. (NYSE:PGF) by 15.9% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 19,806 shares of the exchange traded fund’s stock after buying an additional 2,723 shares during the period. Sigma Planning Corp’s holdings in PowerShares Fin. Preferred Port. were worth $378,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of PGF. Rockland Trust Co. boosted its position 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 worth $925,000 after buying an additional 15,512 shares in the last quarter. 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 in the last quarter. 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 in the last quarter. Stratos Wealth Partners LTD. acquired a new position in PowerShares Fin. Preferred Port. during the second quarter worth approximately $469,000. Finally, 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 in the last quarter.

PowerShares Fin. Preferred Port. (NYSE:PGF) opened at 18.92 on Wednesday. PowerShares Fin. Preferred Port. has a 12-month low of $17.65 and a 12-month high of $19.42. The company has a 50-day moving average price of $19.07 and a 200-day moving average price of $18.84.

The firm also recently declared a monthly dividend, which will be paid on Thursday, August 31st. Shareholders of record on Thursday, August 17th will be given a dividend of $0.0842 per share. The ex-dividend date of this dividend is Tuesday, August 15th. This represents a $1.01 dividend on an annualized basis and a yield of 5.34%. This is an increase 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.

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

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