Oarsman Capital Inc. Reduces Position in PowerShrs CEF Income Cmpst Prtfl (PCEF)

Oarsman Capital Inc. lowered its holdings in shares of PowerShrs CEF Income Cmpst Prtfl (NYSEARCA:PCEF) by 14.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 31,583 shares of the company’s stock after selling 5,402 shares during the quarter. Oarsman Capital Inc.’s holdings in PowerShrs CEF Income Cmpst Prtfl were worth $755,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the business. Cetera Advisors LLC lifted its position in PowerShrs CEF Income Cmpst Prtfl by 15.6% during the third quarter. Cetera Advisors LLC now owns 20,922 shares of the company’s stock valued at $498,000 after purchasing an additional 2,819 shares during the last quarter. IFP Advisors Inc lifted its position in PowerShrs CEF Income Cmpst Prtfl by 41.0% during the fourth quarter. IFP Advisors Inc now owns 18,440 shares of the company’s stock valued at $441,000 after purchasing an additional 5,358 shares during the last quarter. Cetera Advisor Networks LLC lifted its position in PowerShrs CEF Income Cmpst Prtfl by 4.3% during the third quarter. Cetera Advisor Networks LLC now owns 211,148 shares of the company’s stock valued at $5,068,000 after purchasing an additional 8,752 shares during the last quarter. Clarus Wealth Advisors bought a new position in PowerShrs CEF Income Cmpst Prtfl during the fourth quarter valued at $242,000. Finally, Private Advisor Group LLC lifted its position in PowerShrs CEF Income Cmpst Prtfl by 51.3% during the third quarter. Private Advisor Group LLC now owns 32,043 shares of the company’s stock valued at $771,000 after purchasing an additional 10,865 shares during the last quarter.

Shares of PowerShrs CEF Income Cmpst Prtfl (PCEF) opened at $23.19 on Thursday. PowerShrs CEF Income Cmpst Prtfl has a twelve month low of $22.35 and a twelve month high of $24.24.

The company also recently announced a monthly dividend, which was paid on Wednesday, January 31st. Stockholders of record on Tuesday, January 23rd were issued a $0.1515 dividend. This represents a $1.82 annualized dividend and a dividend yield of 7.84%. The ex-dividend date was Monday, January 22nd. This is a positive change from PowerShrs CEF Income Cmpst Prtfl’s previous monthly dividend of $0.13.

COPYRIGHT VIOLATION NOTICE: “Oarsman Capital Inc. Reduces Position in PowerShrs CEF Income Cmpst Prtfl (PCEF)” was originally posted by Markets Daily and is the property of of Markets Daily. If you are reading this report on another domain, it was copied illegally and republished in violation of US and international copyright & trademark legislation. The legal version of this report can be accessed at https://www.themarketsdaily.com/2018/02/15/oarsman-capital-inc-reduces-position-in-powershrs-cef-income-cmpst-prtfl-pcef.html.

PowerShrs CEF Income Cmpst Prtfl Profile

PowerShares CEF Income Composite Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of the S-Network Composite Closed-End Fund Index (the Index). The Fund will normally invest at least 80% of its total assets in securities of funds included in the Index.

Want to see what other hedge funds are holding PCEF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PowerShrs CEF Income Cmpst Prtfl (NYSEARCA:PCEF).

Institutional Ownership by Quarter for PowerShrs CEF Income Cmpst Prtfl (NYSEARCA:PCEF)

Receive News & Ratings for PowerShrs CEF Income Cmpst Prtfl Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PowerShrs CEF Income Cmpst Prtfl and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply