Arbor Investment Advisors LLC Raises Holdings in POWERSHARES FTSE RAFI US 1500 SMALL-MID PORTFOLIO (PRFZ)

Arbor Investment Advisors LLC grew its position in shares of POWERSHARES FTSE RAFI US 1500 SMALL-MID PORTFOLIO (BMV:PRFZ) by 10.4% during the 2nd quarter, Holdings Channel reports. The firm owned 32,502 shares of the company’s stock after buying an additional 3,062 shares during the quarter. POWERSHARES FTSE RAFI US 1500 SMALL-MID PORTFOLIO makes up approximately 1.8% of Arbor Investment Advisors LLC’s portfolio, making the stock its 11th largest holding. Arbor Investment Advisors LLC’s holdings in POWERSHARES FTSE RAFI US 1500 SMALL-MID PORTFOLIO were worth $4,523,000 as of its most recent filing with the SEC.

Other hedge funds have also recently modified their holdings of the company. Charles Schwab Investment Advisory Inc. lifted its position in shares of POWERSHARES FTSE RAFI US 1500 SMALL-MID PORTFOLIO by 42.1% during the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 524,003 shares of the company’s stock valued at $67,554,000 after acquiring an additional 155,341 shares during the period. Wells Fargo & Company MN increased its stake in shares of POWERSHARES FTSE RAFI US 1500 SMALL-MID PORTFOLIO by 27.6% during the 1st quarter. Wells Fargo & Company MN now owns 224,284 shares of the company’s stock worth $28,915,000 after purchasing an additional 48,475 shares in the last quarter. Mariner LLC increased its stake in shares of POWERSHARES FTSE RAFI US 1500 SMALL-MID PORTFOLIO by 10.5% during the 1st quarter. Mariner LLC now owns 459,495 shares of the company’s stock worth $59,237,000 after purchasing an additional 43,727 shares in the last quarter. PFS Investments Inc. purchased a new position in shares of POWERSHARES FTSE RAFI US 1500 SMALL-MID PORTFOLIO during the 4th quarter worth approximately $5,883,000. Finally, ARGI Investment Services LLC increased its stake in shares of POWERSHARES FTSE RAFI US 1500 SMALL-MID PORTFOLIO by 6.1% during the 1st quarter. ARGI Investment Services LLC now owns 376,935 shares of the company’s stock worth $48,594,000 after purchasing an additional 21,724 shares in the last quarter.

PRFZ stock traded down $1.29 during midday trading on Wednesday, hitting $142.06. POWERSHARES FTSE RAFI US 1500 SMALL-MID PORTFOLIO has a 1-year low of $112.11 and a 1-year high of $136.76.

The company also recently announced a quarterly dividend, which was paid on Friday, June 29th. Shareholders of record on Tuesday, June 19th were paid a $0.5939 dividend. This is a boost from POWERSHARES FTSE RAFI US 1500 SMALL-MID PORTFOLIO’s previous quarterly dividend of $0.09. This represents a $2.38 annualized dividend and a yield of 1.67%. The ex-dividend date was Monday, June 18th.

Want to see what other hedge funds are holding PRFZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for POWERSHARES FTSE RAFI US 1500 SMALL-MID PORTFOLIO (BMV:PRFZ).

Institutional Ownership by Quarter for POWERSHARES FTSE RAFI US 1500 SMALL-MID PORTFOLIO (BMV:PRFZ)

Receive News & Ratings for POWERSHARES FTSE RAFI US 1500 SMALL-MID PORTFOLIO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for POWERSHARES FTSE RAFI US 1500 SMALL-MID PORTFOLIO and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply