Calton & Associates Inc. Takes Position in PowerShares High Yield Corporate Bond Portfolio (PHB)

Calton & Associates Inc. purchased a new stake in PowerShares High Yield Corporate Bond Portfolio (NYSEARCA:PHB) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,336 shares of the company’s stock, valued at approximately $101,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Moller Financial Services boosted its holdings in PowerShares High Yield Corporate Bond Portfolio by 8.0% in the fourth quarter. Moller Financial Services now owns 131,677 shares of the company’s stock valued at $2,495,000 after purchasing an additional 9,721 shares during the last quarter. Atria Investments LLC lifted its holdings in PowerShares High Yield Corporate Bond Portfolio by 6.7% during the 4th quarter. Atria Investments LLC now owns 87,935 shares of the company’s stock worth $1,666,000 after buying an additional 5,499 shares during the last quarter. Eqis Capital Management Inc. lifted its holdings in PowerShares High Yield Corporate Bond Portfolio by 5.1% during the 4th quarter. Eqis Capital Management Inc. now owns 219,568 shares of the company’s stock worth $4,161,000 after buying an additional 10,746 shares during the last quarter. Portfolio Solutions LLC lifted its holdings in PowerShares High Yield Corporate Bond Portfolio by 170.2% during the 4th quarter. Portfolio Solutions LLC now owns 29,853 shares of the company’s stock worth $566,000 after buying an additional 18,803 shares during the last quarter. Finally, Peachtree Investment Advisors Inc. lifted its holdings in PowerShares High Yield Corporate Bond Portfolio by 9.6% during the 4th quarter. Peachtree Investment Advisors Inc. now owns 61,898 shares of the company’s stock worth $1,173,000 after buying an additional 5,420 shares during the last quarter.

PowerShares High Yield Corporate Bond Portfolio (NYSEARCA:PHB) opened at $18.52 on Thursday. PowerShares High Yield Corporate Bond Portfolio has a 1-year low of $18.34 and a 1-year high of $19.14.

The company also recently announced a monthly dividend, which was paid on Wednesday, January 31st. Shareholders of record on Tuesday, January 23rd were issued a dividend of $0.0646 per share. This represents a $0.78 dividend on an annualized basis and a yield of 4.19%. The ex-dividend date of this dividend was Monday, January 22nd. This is an increase from PowerShares High Yield Corporate Bond Portfolio’s previous monthly dividend of $0.06.

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

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