Anchor Capital Advisors LLC lowered its holdings in PowerShares Build America Bond Portfolio (NYSEARCA:BAB) by 47.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,555 shares of the company’s stock after selling 27,500 shares during the period. Anchor Capital Advisors LLC’s holdings in PowerShares Build America Bond Portfolio were worth $938,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in BAB. Tortoise Investment Management LLC grew its position in PowerShares Build America Bond Portfolio by 8.6% in the fourth quarter. Tortoise Investment Management LLC now owns 222,893 shares of the company’s stock valued at $6,841,000 after purchasing an additional 17,560 shares in the last quarter. Calton & Associates Inc. bought a new position in PowerShares Build America Bond Portfolio in the fourth quarter valued at $354,000. SG Americas Securities LLC bought a new position in PowerShares Build America Bond Portfolio in the fourth quarter valued at $335,000. Capital Investment Advisory Services LLC grew its position in PowerShares Build America Bond Portfolio by 8.9% in the fourth quarter. Capital Investment Advisory Services LLC now owns 103,505 shares of the company’s stock valued at $3,177,000 after purchasing an additional 8,490 shares in the last quarter. Finally, Cypress Wealth Services LLC bought a new position in PowerShares Build America Bond Portfolio in the fourth quarter valued at $260,000.

PowerShares Build America Bond Portfolio (NYSEARCA:BAB) opened at $29.54 on Friday. PowerShares Build America Bond Portfolio has a 12-month low of $28.92 and a 12-month high of $30.98.

The company also recently disclosed a monthly dividend, which was paid on Wednesday, January 31st. Stockholders of record on Tuesday, January 23rd were given a $0.1008 dividend. This represents a $1.21 dividend on an annualized basis and a dividend yield of 4.10%. The ex-dividend date of this dividend was Monday, January 22nd. This is an increase from PowerShares Build America Bond Portfolio’s previous monthly dividend of $0.09.

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PowerShares Build America Bond Portfolio Profile

PowerShares Build America Bond Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of an index called The BofA Merrill Lynch Build America Bond Index (the Index). The Fund will normally invests at least 80% of its total assets in the securities that comprise the Index.

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Institutional Ownership by Quarter for PowerShares Build America Bond Portfolio (NYSEARCA:BAB)

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