Virtu KCG Holdings LLC acquired a new position in PowerShares Fin. Preferred Port. (NYSE:PGF) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 32,324 shares of the exchange traded fund’s stock, valued at approximately $617,000.

A number of other large investors have also added to or reduced their stakes in PGF. Aviance Capital Partners LLC lifted its stake in PowerShares Fin. Preferred Port. by 8.8% in the second quarter. Aviance Capital Partners LLC now owns 54,861 shares of the exchange traded fund’s stock worth $1,048,000 after acquiring an additional 4,429 shares during the period. DT Investment Partners LLC raised its holdings in PowerShares Fin. Preferred Port. by 20.1% in the second quarter. DT Investment Partners LLC now owns 116,653 shares of the exchange traded fund’s stock worth $2,229,000 after purchasing an additional 19,499 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings 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 purchasing an additional 3,079 shares in the last quarter. Stratos Wealth Partners LTD. bought a new position in PowerShares Fin. Preferred Port. in the second quarter worth about $469,000. Finally, Endurance Wealth Management Inc. raised its holdings 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 purchasing an additional 660 shares in the last quarter.

PowerShares Fin. Preferred Port. (NYSE PGF) opened at 18.82 on Friday. PowerShares Fin. Preferred Port. has a one year low of $17.65 and a one year high of $19.17. The firm has a 50-day moving average of $18.96 and a 200-day moving average of $18.96.

The business also recently disclosed a monthly dividend, which was paid on Friday, September 29th. Stockholders of record on Tuesday, September 19th were paid a $0.0848 dividend. This represents a $1.02 annualized dividend and a dividend yield of 5.40%. The ex-dividend date was Monday, September 18th. This is a boost from PowerShares Fin. Preferred Port.’s previous monthly dividend of $0.08.

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Separately, Royal Bank Of Canada reiterated a “hold” rating on shares of PowerShares Fin. Preferred Port. in a report on Monday, September 18th.

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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