Sigma Planning Corp decreased its position in PowerShares High Yld. Dividend Achv(ETF) (NYSE:PEY) by 2.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,448 shares of the company’s stock after selling 750 shares during the period. Sigma Planning Corp’s holdings in PowerShares High Yld. Dividend Achv(ETF) were worth $597,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the company. First Heartland Consultants Inc. raised its stake in shares of PowerShares High Yld. Dividend Achv(ETF) by 8.3% in the second quarter. First Heartland Consultants Inc. now owns 181,259 shares of the company’s stock worth $3,051,000 after buying an additional 13,824 shares in the last quarter. Benjamin F. Edwards & Company Inc. raised its stake in shares of PowerShares High Yld. Dividend Achv(ETF) by 0.4% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 27,809 shares of the company’s stock worth $468,000 after buying an additional 120 shares in the last quarter. Capital Advisors Ltd. LLC raised its stake in shares of PowerShares High Yld. Dividend Achv(ETF) by 0.3% in the second quarter. Capital Advisors Ltd. LLC now owns 269,033 shares of the company’s stock worth $4,528,000 after buying an additional 820 shares in the last quarter. Honkamp Krueger Financial Services Inc. bought a new stake in shares of PowerShares High Yld. Dividend Achv(ETF) during the second quarter worth approximately $260,000. Finally, Barnett & Company Inc. raised its stake in shares of PowerShares High Yld. Dividend Achv(ETF) by 88.1% in the second quarter. Barnett & Company Inc. now owns 13,825 shares of the company’s stock worth $233,000 after buying an additional 6,475 shares in the last quarter.

Shares of PowerShares High Yld. Dividend Ach (NYSE PEY) opened at 16.84 on Tuesday. The firm’s 50-day moving average price is $16.89 and its 200-day moving average price is $16.96. PowerShares High Yld. Dividend Ach has a one year low of $15.17 and a one year high of $17.46.

The firm also recently announced a dividend, which will be paid on Thursday, August 31st. Stockholders of record on Thursday, August 17th will be issued a dividend of $0.049 per share. The ex-dividend date is Tuesday, August 15th.

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About PowerShares High Yld. Dividend Achv(ETF)

PowerShares High Yield Equity Dividend Achiever Portfolio (the Fund) is based on the Mergent Dividend Achiever 50 Index (the Index). The Fund focuses to invest at least 90% of its total assets in dividend paying common stocks, which comprise the Index. The Index is comprised of 50 stocks selected principally on the basis of dividend yield and consistent growth in dividends.

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Institutional Ownership by Quarter for PowerShares High Yld. Dividend Achv(ETF) (NYSE:PEY)

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