PowerShares Preferred Portfolio(ETF) (PXH) Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. trimmed its position in PowerShares Preferred Portfolio(ETF) (NYSEARCA:PXH) by 91.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 37,924 shares of the company’s stock after selling 394,743 shares during the period. Envestnet Asset Management Inc.’s holdings in PowerShares Preferred Portfolio(ETF) were worth $846,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. We Are One Seven LLC acquired a new stake in shares of PowerShares Preferred Portfolio(ETF) during the 4th quarter valued at $101,000. CAPROCK Group Inc. acquired a new stake in shares of PowerShares Preferred Portfolio(ETF) during the 4th quarter valued at $275,000. Oppenheimer & Co. Inc. acquired a new stake in shares of PowerShares Preferred Portfolio(ETF) during the 4th quarter valued at $379,000. Renaissance Technologies LLC acquired a new stake in shares of PowerShares Preferred Portfolio(ETF) during the 4th quarter valued at $418,000. Finally, Bridgeworth LLC lifted its position in shares of PowerShares Preferred Portfolio(ETF) by 25.5% during the 4th quarter. Bridgeworth LLC now owns 22,546 shares of the company’s stock valued at $504,000 after acquiring an additional 4,575 shares during the last quarter.

Shares of NYSEARCA:PXH opened at $23.02 on Friday. PowerShares Preferred Portfoli has a one year low of $19.20 and a one year high of $25.32.



The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 29th. Stockholders of record on Tuesday, March 20th were given a dividend of $0.0321 per share. The ex-dividend date was Monday, March 19th. This represents a $0.13 dividend on an annualized basis and a dividend yield of 0.56%.

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

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