Jane Street Group LLC Buys New Stake in PowerShares High Yield Corporate Bond Portfolio (PHB)

Jane Street Group LLC bought a new position in shares of PowerShares High Yield Corporate Bond Portfolio (NYSEARCA:PHB) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 28,145 shares of the company’s stock, valued at approximately $533,000.

Other institutional investors also recently bought and sold shares of the company. Calton & Associates Inc. acquired a new position in shares of PowerShares High Yield Corporate Bond Portfolio during the 4th quarter worth about $101,000. Two Sigma Securities LLC acquired a new position in shares of PowerShares High Yield Corporate Bond Portfolio in the 4th quarter valued at approximately $195,000. Parsons Capital Management Inc. RI acquired a new position in shares of PowerShares High Yield Corporate Bond Portfolio in the 4th quarter valued at approximately $198,000. Cypress Wealth Services LLC acquired a new position in shares of PowerShares High Yield Corporate Bond Portfolio in the 4th quarter valued at approximately $250,000. Finally, Sheaff Brock Investment Advisors LLC grew its position in shares of PowerShares High Yield Corporate Bond Portfolio by 37.3% in the 4th quarter. Sheaff Brock Investment Advisors LLC now owns 13,734 shares of the company’s stock valued at $260,000 after purchasing an additional 3,734 shares during the period.

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Shares of PHB opened at $18.54 on Friday. PowerShares High Yield Corporate Bond Portfolio has a 52-week low of $18.34 and a 52-week high of $19.14.

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 29th. Investors of record on Tuesday, March 20th were given a $0.0645 dividend. The ex-dividend date of this dividend was Monday, March 19th. This represents a $0.77 annualized dividend and a dividend yield of 4.18%.

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Want to see what other hedge funds are holding PHB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PowerShares High Yield Corporate Bond Portfolio (NYSEARCA:PHB).

Institutional Ownership by Quarter for PowerShares High Yield Corporate Bond Portfolio (NYSEARCA:PHB)

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