Arbor Investment Advisors LLC raised its holdings in POWERSHARES FTSE RAFI US 1500 SMALL-MID PORTFOLIO (BMV:PRFZ) by 27.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 23,157 shares of the company’s stock after purchasing an additional 4,920 shares during the period. POWERSHARES FTSE RAFI US 1500 SMALL-MID PORTFOLIO comprises 1.3% of Arbor Investment Advisors LLC’s holdings, making the stock its 12th largest position. Arbor Investment Advisors LLC’s holdings in POWERSHARES FTSE RAFI US 1500 SMALL-MID PORTFOLIO were worth $3,008,000 as of its most recent SEC filing.

Shares of POWERSHARES FTSE RAFI US 1500 SMALL-MID PORTFOLIO (PRFZ) traded down $0.21 during trading hours on Wednesday, hitting $131.86. POWERSHARES FTSE RAFI US 1500 SMALL-MID PORTFOLIO has a one year low of $112.11 and a one year high of $132.62.

The company also recently declared a quarterly dividend, which was paid on Friday, December 29th. Stockholders of record on Tuesday, December 19th were paid a $0.5483 dividend. This represents a $2.19 dividend on an annualized basis and a dividend yield of 1.66%. The ex-dividend date was Monday, December 18th.

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