Sii Investments Inc. WI decreased its position in shares of PowerShares High Yld. Dividend Achv(ETF) (NYSE:PEY) by 4.4% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 11,041 shares of the company’s stock after selling 503 shares during the quarter. Sii Investments Inc. WI’s holdings in PowerShares High Yld. Dividend Achv(ETF) were worth $186,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. NTV Asset Management LLC grew its stake in shares of PowerShares High Yld. Dividend Achv(ETF) by 1.6% during the 2nd quarter. NTV Asset Management LLC now owns 17,930 shares of the company’s stock worth $301,000 after acquiring an additional 275 shares during the period. Capital Advisors Ltd. LLC grew its stake in shares of PowerShares High Yld. Dividend Achv(ETF) by 0.3% during the 2nd quarter. Capital Advisors Ltd. LLC now owns 269,033 shares of the company’s stock worth $4,528,000 after acquiring an additional 820 shares during the period. IFC Holdings Incorporated FL grew its stake in shares of PowerShares High Yld. Dividend Achv(ETF) by 29.1% during the 2nd quarter. IFC Holdings Incorporated FL now owns 50,800 shares of the company’s stock worth $854,000 after acquiring an additional 11,448 shares during the period. Patriot Financial Group Insurance Agency LLC grew its stake in shares of PowerShares High Yld. Dividend Achv(ETF) by 13.6% during the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 18,845 shares of the company’s stock worth $313,000 after acquiring an additional 2,253 shares during the period. Finally, Strategic Financial Group LLC grew its stake in shares of PowerShares High Yld. Dividend Achv(ETF) by 8.8% during the 2nd quarter. Strategic Financial Group LLC now owns 65,927 shares of the company’s stock worth $1,110,000 after acquiring an additional 5,340 shares during the period.

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PowerShares High Yld. Dividend Ach (PEY) traded up 0.12% on Monday, hitting $17.24. The stock had a trading volume of 26,172 shares. PowerShares High Yld. Dividend Ach has a 52 week low of $15.17 and a 52 week high of $17.46. The firm has a 50-day moving average of $16.95 and a 200 day moving average of $16.92.

The company also recently disclosed a monthly dividend, which was paid on Friday, September 29th. Investors of record on Tuesday, September 19th were given a dividend of $0.0495 per share. This represents a $0.59 dividend on an annualized basis and a yield of 3.45%. The ex-dividend date was Monday, September 18th. This is a boost from PowerShares High Yld. Dividend Achv(ETF)’s previous monthly dividend of $0.05.

PowerShares High Yld. Dividend Achv(ETF) Profile

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.

Want to see what other hedge funds are holding PEY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PowerShares High Yld. Dividend Achv(ETF) (NYSE:PEY).

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

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