Stellar Capital Management LLC Acquires 5,338 Shares of PowerShares Emerging Markets Sovereign Debt Portfolio (PCY)

Stellar Capital Management LLC boosted its position in PowerShares Emerging Markets Sovereign Debt Portfolio (NYSEARCA:PCY) by 3.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 164,756 shares of the company’s stock after buying an additional 5,338 shares during the period. PowerShares Emerging Markets Sovereign Debt Portfolio makes up approximately 3.0% of Stellar Capital Management LLC’s investment portfolio, making the stock its 7th largest holding. Stellar Capital Management LLC owned 0.10% of PowerShares Emerging Markets Sovereign Debt Portfolio worth $4,645,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cardan Capital Partners LLC raised its stake in PowerShares Emerging Markets Sovereign Debt Portfolio by 6.3% in the 4th quarter. Cardan Capital Partners LLC now owns 50,155 shares of the company’s stock valued at $1,481,000 after purchasing an additional 2,987 shares during the last quarter. Accurate Investment Solutions Inc. purchased a new stake in PowerShares Emerging Markets Sovereign Debt Portfolio in the 4th quarter valued at $2,553,000. Atria Investments LLC grew its holdings in PowerShares Emerging Markets Sovereign Debt Portfolio by 30.1% in the 4th quarter. Atria Investments LLC now owns 126,947 shares of the company’s stock valued at $3,750,000 after buying an additional 29,362 shares in the last quarter. Piershale Financial Group Inc. purchased a new stake in PowerShares Emerging Markets Sovereign Debt Portfolio in the 4th quarter valued at $4,088,000. Finally, Oakmont Partners LLC grew its holdings in PowerShares Emerging Markets Sovereign Debt Portfolio by 131.5% in the 4th quarter. Oakmont Partners LLC now owns 16,627 shares of the company’s stock valued at $491,000 after buying an additional 9,445 shares in the last quarter.

NYSEARCA:PCY traded up $0.04 during trading hours on Wednesday, hitting $27.10. The company had a trading volume of 47,358 shares, compared to its average volume of 1,943,694. PowerShares Emerging Markets Sovereign Debt Portfolio has a 1 year low of $27.08 and a 1 year high of $27.13.

The company also recently announced a monthly dividend, which was paid on Monday, April 30th. Investors of record on Tuesday, April 24th were issued a dividend of $0.107 per share. This represents a $1.28 dividend on an annualized basis and a yield of 4.74%. This is a boost from PowerShares Emerging Markets Sovereign Debt Portfolio’s previous monthly dividend of $0.10. The ex-dividend date of this dividend was Monday, April 23rd.

Institutional Ownership by Quarter for PowerShares Emerging Markets Sovereign Debt Portfolio (NYSEARCA:PCY)

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