Legacy Private Trust Co. Has $5.60 Million Holdings in PowerShares High Yield Corporate Bond Portfolio (PHB)

Legacy Private Trust Co. lessened its stake in shares of PowerShares High Yield Corporate Bond Portfolio (NYSEARCA:PHB) by 58.0% during the 4th quarter, Holdings Channel reports. The firm owned 295,718 shares of the company’s stock after selling 407,538 shares during the quarter. Legacy Private Trust Co.’s holdings in PowerShares High Yield Corporate Bond Portfolio were worth $5,604,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in PHB. Cardan Capital Partners LLC grew its holdings in PowerShares High Yield Corporate Bond Portfolio by 5.8% during the fourth quarter. Cardan Capital Partners LLC now owns 662,060 shares of the company’s stock valued at $12,546,000 after purchasing an additional 36,243 shares during the last quarter. Atria Investments LLC grew its holdings in PowerShares High Yield Corporate Bond Portfolio by 6.7% during the fourth quarter. Atria Investments LLC now owns 87,935 shares of the company’s stock valued at $1,666,000 after purchasing an additional 5,499 shares during the last quarter. Portfolio Solutions LLC grew its holdings in PowerShares High Yield Corporate Bond Portfolio by 170.2% during the fourth quarter. Portfolio Solutions LLC now owns 29,853 shares of the company’s stock valued at $566,000 after purchasing an additional 18,803 shares during the last quarter. Finally, Peachtree Investment Advisors Inc. grew its holdings in PowerShares High Yield Corporate Bond Portfolio by 9.6% during the fourth quarter. Peachtree Investment Advisors Inc. now owns 61,898 shares of the company’s stock valued at $1,173,000 after purchasing an additional 5,420 shares during the last quarter.

Shares of PowerShares High Yield Corporate Bond Portfolio (NYSEARCA:PHB) traded down $0.04 during mid-day trading on Tuesday, reaching $18.97. The company’s stock had a trading volume of 541,800 shares, compared to its average volume of 1,574,689. PowerShares High Yield Corporate Bond Portfolio has a one year low of $18.55 and a one year high of $19.14.

The business also recently declared a monthly dividend, which was paid on Friday, December 29th. Shareholders of record on Tuesday, December 19th were issued a dividend of $0.0595 per share. The ex-dividend date was Monday, December 18th. This represents a $0.71 annualized dividend and a yield of 3.77%.

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Want to see what other hedge funds are holding PHB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PowerShares High Yield Corporate Bond Portfolio (NYSEARCA:PHB).

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