Private Advisor Group LLC Has $967,000 Position in PowerShares High Yld. Dividend Achv(ETF) (PEY)

Private Advisor Group LLC cut its stake in shares of PowerShares High Yld. Dividend Achv(ETF) (NASDAQ:PEY) by 18.9% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 56,258 shares of the company’s stock after selling 13,115 shares during the period. Private Advisor Group LLC owned about 0.11% of PowerShares High Yld. Dividend Achv(ETF) worth $967,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Sii Investments Inc. WI raised its position in PowerShares High Yld. Dividend Achv(ETF) by 68.3% during the third quarter. Sii Investments Inc. WI now owns 18,584 shares of the company’s stock worth $319,000 after acquiring an additional 7,543 shares during the period. Wells Fargo & Company MN raised its position in PowerShares High Yld. Dividend Achv(ETF) by 1.6% during the third quarter. Wells Fargo & Company MN now owns 1,181,905 shares of the company’s stock worth $20,270,000 after acquiring an additional 18,823 shares during the period. Commonwealth Equity Services Inc raised its position in PowerShares High Yld. Dividend Achv(ETF) by 7.3% during the third quarter. Commonwealth Equity Services Inc now owns 81,534 shares of the company’s stock worth $1,398,000 after acquiring an additional 5,550 shares during the period. Bouchey Financial Group Ltd raised its position in PowerShares High Yld. Dividend Achv(ETF) by 3.2% during the third quarter. Bouchey Financial Group Ltd now owns 727,946 shares of the company’s stock worth $12,484,000 after acquiring an additional 22,648 shares during the period. Finally, Advisor Group Inc. raised its position in PowerShares High Yld. Dividend Achv(ETF) by 15.3% during the third quarter. Advisor Group Inc. now owns 50,745 shares of the company’s stock worth $871,000 after acquiring an additional 6,741 shares during the period.

PowerShares High Yld. Dividend Ach (NASDAQ PEY) opened at $17.91 on Friday. PowerShares High Yld. Dividend Ach has a 12-month low of $16.45 and a 12-month high of $18.07.

The business also recently disclosed a monthly dividend, which was paid on Thursday, November 30th. Shareholders of record on Tuesday, November 21st were given a dividend of $0.0505 per share. The ex-dividend date of this dividend was Monday, November 20th. This is a boost from PowerShares High Yld. Dividend Achv(ETF)’s previous monthly dividend of $0.05. This represents a $0.61 dividend on an annualized basis and a yield of 3.38%. PowerShares High Yld. Dividend Achv(ETF)’s dividend payout ratio is currently 27.85%.

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PowerShares High Yld. Dividend Achv(ETF) Company 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.

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

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