NEXT Financial Group Inc Takes $751,000 Position in Powershares Emerging Markets Sovereign Debt Portfolio (PCY)

NEXT Financial Group Inc acquired a new stake in Powershares Emerging Markets Sovereign Debt Portfolio (NYSEARCA:PCY) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 26,655 shares of the company’s stock, valued at approximately $751,000.

Other large investors have also recently bought and sold shares of the company. PFS Investments Inc. purchased a new stake in Powershares Emerging Markets Sovereign Debt Portfolio in the fourth quarter valued at approximately $667,000. Advisor Group Inc. grew its holdings in Powershares Emerging Markets Sovereign Debt Portfolio by 137.4% in the fourth quarter. Advisor Group Inc. now owns 324,555 shares of the company’s stock valued at $9,588,000 after purchasing an additional 187,841 shares during the period. Allianz Asset Management GmbH purchased a new stake in Powershares Emerging Markets Sovereign Debt Portfolio in the fourth quarter valued at approximately $12,229,000. Ladenburg Thalmann Financial Services Inc. grew its holdings in Powershares Emerging Markets Sovereign Debt Portfolio by 132.0% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 231,117 shares of the company’s stock valued at $6,828,000 after purchasing an additional 131,512 shares during the period. Finally, Baird Financial Group Inc. purchased a new stake in Powershares Emerging Markets Sovereign Debt Portfolio in the fourth quarter valued at approximately $403,000.

Powershares Emerging Markets Sovereign Debt Portfolio opened at $26.32 on Wednesday, Marketbeat Ratings reports. Powershares Emerging Markets Sovereign Debt Portfolio has a 1 year low of $26.03 and a 1 year high of $30.23.



The business also recently announced a monthly dividend, which will be paid on Friday, June 29th. Investors of record on Tuesday, June 19th will be issued a $0.1085 dividend. This represents a $1.30 dividend on an annualized basis and a yield of 4.95%. This is an increase from Powershares Emerging Markets Sovereign Debt Portfolio’s previous monthly dividend of $0.11. The ex-dividend date of this dividend is Monday, June 18th.

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

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