Girard Partners LTD. acquired a new position in shares of PowerShares Dividend Achievers (NASDAQ:PFM) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 7,600 shares of the company’s stock, valued at approximately $201,000. Girard Partners LTD. owned approximately 0.06% of PowerShares Dividend Achievers as of its most recent filing with the Securities and Exchange Commission.
Separately, SG Americas Securities LLC raised its holdings in shares of PowerShares Dividend Achievers by 56.1% during the 4th quarter. SG Americas Securities LLC now owns 9,258 shares of the company’s stock valued at $245,000 after buying an additional 3,327 shares in the last quarter.
PowerShares Dividend Achievers (NASDAQ PFM) opened at $26.30 on Tuesday. PowerShares Dividend Achievers has a 1-year low of $23.48 and a 1-year high of $27.77. The firm has a market capitalization of $323.12, a PE ratio of 18.52 and a beta of 0.85.
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About PowerShares Dividend Achievers
PowerShares Dividend Achievers Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Broad Dividend Achievers Index (the Index). The Index is designed to identify a diversified group of dividend paying companies. These companies have increased their annual dividend for 10 or more consecutive fiscal years.
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