PowerShares High Yld. Dividend Achv(ETF) (PEY) Shares Sold by BARING ASSET MANAGEMENT Ltd

BARING ASSET MANAGEMENT Ltd lessened its stake in PowerShares High Yld. Dividend Achv(ETF) (NYSE:PEY) by 9.8% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 27,768 shares of the company’s stock after selling 3,000 shares during the quarter. BARING ASSET MANAGEMENT Ltd’s holdings in PowerShares High Yld. Dividend Achv(ETF) were worth $477,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Shelton Capital Management acquired a new position in PowerShares High Yld. Dividend Achv(ETF) during the second quarter worth $186,000. Bank of New York Mellon Corp raised its position in PowerShares High Yld. Dividend Achv(ETF) by 3.5% during the second quarter. Bank of New York Mellon Corp now owns 11,789 shares of the company’s stock worth $198,000 after acquiring an additional 398 shares in the last quarter. Barnett & Company Inc. raised its position in PowerShares High Yld. Dividend Achv(ETF) by 88.1% during the second quarter. Barnett & Company Inc. now owns 13,825 shares of the company’s stock worth $233,000 after acquiring an additional 6,475 shares in the last quarter. Honkamp Krueger Financial Services Inc. bought a new stake in PowerShares High Yld. Dividend Achv(ETF) during the second quarter worth $260,000. Finally, NTV Asset Management LLC raised its position in PowerShares High Yld. Dividend Achv(ETF) by 1.6% during the second quarter. NTV Asset Management LLC now owns 17,930 shares of the company’s stock worth $301,000 after acquiring an additional 275 shares in the last quarter.

Shares of PowerShares High Yld. Dividend Ach (NYSE PEY) opened at 17.22 on Wednesday. PowerShares High Yld. Dividend Ach has a 52-week low of $15.17 and a 52-week high of $17.53. The firm’s 50-day moving average is $17.24 and its 200 day moving average is $16.96.

The firm also recently announced a monthly dividend, which was paid on Tuesday, October 31st. Stockholders of record on Tuesday, October 24th were paid a dividend of $0.049 per share. This represents a $0.59 dividend on an annualized basis and a dividend yield of 3.41%. The ex-dividend date was Monday, October 23rd.

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About PowerShares High Yld. Dividend Achv(ETF)

PowerShares High Yield Equity Dividend Achiever Portfolio (the Fund) is based on the Mergent Dividend Achiever 50 Index (the Index). The Fund focuses to invest at least 90% of its total assets in dividend paying common stocks, which comprise the Index. The Index is comprised of 50 stocks selected principally on the basis of dividend yield and consistent growth in dividends.

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Institutional Ownership by Quarter for PowerShares High Yld. Dividend Achv(ETF) (NYSE:PEY)

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