Wolverine Trading LLC acquired a new position in PowerShares VRDO Tax Free Weekly Portfolio (NYSEARCA:PVI) in the fourth quarter, HoldingsChannel reports. The firm acquired 18,511 shares of the company’s stock, valued at approximately $461,000.
Separately, Clearwater Capital Partners LLC boosted its holdings in shares of PowerShares VRDO Tax Free Weekly Portfolio by 35.1% in the 4th quarter. Clearwater Capital Partners LLC now owns 49,230 shares of the company’s stock worth $1,226,000 after purchasing an additional 12,790 shares in the last quarter.
PowerShares VRDO Tax Free Weekly Portfolio (NYSEARCA:PVI) opened at $24.90 on Wednesday. PowerShares VRDO Tax Free Weekly Portfolio has a fifty-two week low of $24.80 and a fifty-two week high of $26.18.
The company also recently disclosed a monthly dividend, which was paid on Wednesday, February 28th. Stockholders of record on Wednesday, February 21st were issued a $0.0348 dividend. This is a boost from PowerShares VRDO Tax Free Weekly Portfolio’s previous monthly dividend of $0.03. This represents a $0.42 dividend on an annualized basis and a dividend yield of 1.68%. The ex-dividend date was Tuesday, February 20th.
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Want to see what other hedge funds are holding PVI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PowerShares VRDO Tax Free Weekly Portfolio (NYSEARCA:PVI).
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