Cambridge Investment Research Advisors Inc. Boosts Position in PowerShares Taxable Municipal Bond Portfolio (NYSEARCA:SPHB)

Cambridge Investment Research Advisors Inc. raised its stake in PowerShares Taxable Municipal Bond Portfolio (NYSEARCA:SPHB) by 4.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 126,845 shares of the company’s stock after purchasing an additional 5,931 shares during the period. Cambridge Investment Research Advisors Inc. owned 1.22% of PowerShares Taxable Municipal Bond Portfolio worth $5,391,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. National Asset Management Inc. acquired a new position in PowerShares Taxable Municipal Bond Portfolio in the fourth quarter valued at approximately $2,661,000. Raymond James & Associates increased its position in shares of PowerShares Taxable Municipal Bond Portfolio by 91.4% during the fourth quarter. Raymond James & Associates now owns 297,894 shares of the company’s stock worth $12,658,000 after purchasing an additional 142,260 shares in the last quarter. Barometer Capital Management Inc. increased its position in shares of PowerShares Taxable Municipal Bond Portfolio by 239.1% during the fourth quarter. Barometer Capital Management Inc. now owns 116,300 shares of the company’s stock worth $4,942,000 after purchasing an additional 82,000 shares in the last quarter. Greenwood Capital Associates LLC purchased a new stake in shares of PowerShares Taxable Municipal Bond Portfolio during the fourth quarter worth approximately $2,482,000. Finally, First Allied Advisory Services Inc. purchased a new stake in shares of PowerShares Taxable Municipal Bond Portfolio during the fourth quarter worth approximately $1,999,000.

Shares of PowerShares Taxable Municipal Bond Portfolio stock traded up $0.13 during trading hours on Thursday, hitting $45.45. The company’s stock had a trading volume of 34,420 shares, compared to its average volume of 250,196. PowerShares Taxable Municipal Bond Portfolio has a twelve month low of $36.07 and a twelve month high of $46.04.

Institutional Ownership by Quarter for PowerShares Taxable Municipal Bond Portfolio (NYSEARCA:SPHB)

Receive News & Ratings for PowerShares Taxable Municipal Bond Portfolio Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PowerShares Taxable Municipal Bond Portfolio and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply