UBS Group AG Has $8.62 Million Holdings in POWERSHARES S&P 500 BUYWRITE PORTFOLIO (PBP)

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UBS Group AG cut its holdings in POWERSHARES S&P 500 BUYWRITE PORTFOLIO (NYSEARCA:PBP) by 4.5% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 408,923 shares of the company’s stock after selling 19,159 shares during the period. UBS Group AG owned 2.92% of POWERSHARES S&P 500 BUYWRITE PORTFOLIO worth $8,620,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Two Sigma Securities LLC acquired a new stake in shares of POWERSHARES S&P 500 BUYWRITE PORTFOLIO during the 4th quarter worth $214,000. Virtue Capital Management LLC acquired a new stake in shares of POWERSHARES S&P 500 BUYWRITE PORTFOLIO during the 4th quarter worth $265,000. Main Management LLC acquired a new stake in shares of POWERSHARES S&P 500 BUYWRITE PORTFOLIO during the 1st quarter worth $292,000. Citadel Advisors LLC acquired a new stake in shares of POWERSHARES S&P 500 BUYWRITE PORTFOLIO during the 4th quarter worth $327,000. Finally, Suntrust Banks Inc. acquired a new stake in shares of POWERSHARES S&P 500 BUYWRITE PORTFOLIO during the 4th quarter worth $445,000.

PBP stock opened at $21.63 on Friday. POWERSHARES S&P 500 BUYWRITE PORTFOLIO has a 52 week low of $19.67 and a 52 week high of $22.99.

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 29th. Stockholders of record on Tuesday, June 19th were issued a dividend of $0.0801 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.48%. This is an increase from POWERSHARES S&P 500 BUYWRITE PORTFOLIO’s previous quarterly dividend of $0.03. The ex-dividend date of this dividend was Monday, June 18th.

Want to see what other hedge funds are holding PBP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for POWERSHARES S&P 500 BUYWRITE PORTFOLIO (NYSEARCA:PBP).

Institutional Ownership by Quarter for POWERSHARES S&P 500 BUYWRITE PORTFOLIO (NYSEARCA:PBP)

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