Stifel Financial Corp increased its holdings in shares of PowerShares Preferred Portfolio(ETF) (NYSEARCA:PGX) by 22.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 263,360 shares of the company’s stock after acquiring an additional 47,817 shares during the quarter. Stifel Financial Corp owned about 0.07% of PowerShares Preferred Portfolio(ETF) worth $3,977,000 as of its most recent SEC filing.

PowerShares Preferred Portfoli (NYSEARCA PGX) traded down $0.07 during mid-day trading on Monday, hitting $14.96. The company had a trading volume of 1,474,000 shares, compared to its average volume of 1,788,501. PowerShares Preferred Portfoli has a 1-year low of $14.04 and a 1-year high of $15.20.

The firm also recently announced a monthly dividend, which was paid on Thursday, November 30th. Investors of record on Tuesday, November 21st were issued a dividend of $0.0681 per share. This represents a $0.82 dividend on an annualized basis and a dividend yield of 5.47%. The ex-dividend date of this dividend was Monday, November 20th.

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PowerShares Preferred Portfolio(ETF) Company Profile

The PowerShares Preferred Portfolio (Fund) is based on The BofA Merrill Lynch Core Fixed Rate Preferred Securities Index (Index). The Fund normally invest at least 90% of its total assets in securities that comprise the Index. The Index is designed to replicate the total return of a diversified group of investment-grade preferred securities.

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Institutional Ownership by Quarter for PowerShares Preferred Portfolio(ETF) (NYSEARCA:PGX)

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