Pekin Singer Strauss Asset Management IL boosted its stake in shares of PowerShares Exchange-Traded Fund Trust II (NYSE:BKLN) by 29.3% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 47,195 shares of the exchange traded fund’s stock after buying an additional 10,690 shares during the period. Pekin Singer Strauss Asset Management IL’s holdings in PowerShares Exchange-Traded Fund Trust II were worth $1,092,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. SeaBridge Investment Advisors LLC boosted its stake in PowerShares Exchange-Traded Fund Trust II by 1.7% in the second quarter. SeaBridge Investment Advisors LLC now owns 19,620 shares of the exchange traded fund’s stock valued at $454,000 after buying an additional 320 shares during the period. Carroll Financial Associates Inc. boosted its stake in PowerShares Exchange-Traded Fund Trust II by 14.1% in the second quarter. Carroll Financial Associates Inc. now owns 23,793 shares of the exchange traded fund’s stock valued at $550,000 after buying an additional 2,946 shares during the period. Moloney Securities Asset Management LLC boosted its stake in PowerShares Exchange-Traded Fund Trust II by 8.6% in the second quarter. Moloney Securities Asset Management LLC now owns 33,810 shares of the exchange traded fund’s stock valued at $782,000 after buying an additional 2,682 shares during the period. AEGON USA Investment Management LLC boosted its stake in PowerShares Exchange-Traded Fund Trust II by 7.6% in the second quarter. AEGON USA Investment Management LLC now owns 482,900 shares of the exchange traded fund’s stock valued at $11,174,000 after buying an additional 34,000 shares during the period. Finally, Benjamin F. Edwards & Company Inc. boosted its stake in PowerShares Exchange-Traded Fund Trust II by 0.3% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 9,257 shares of the exchange traded fund’s stock valued at $214,000 after buying an additional 24 shares during the period.

Shares of PowerShares Exchange-Traded Fund Trust II (BKLN) opened at 23.16 on Friday. PowerShares Exchange-Traded Fund Trust II has a 1-year low of $22.96 and a 1-year high of $23.46. The stock has a 50 day moving average of $23.19 and a 200 day moving average of $23.25.

The company also recently disclosed a monthly dividend, which was paid on Monday, July 31st. Stockholders of record on Tuesday, July 18th were given a $0.0643 dividend. This represents a $0.77 dividend on an annualized basis and a dividend yield of 3.33%. The ex-dividend date of this dividend was Friday, July 14th. This is a positive change from PowerShares Exchange-Traded Fund Trust II’s previous monthly dividend of $0.06.

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Institutional Ownership by Quarter for PowerShares Exchange-Traded Fund Trust II (NYSE:BKLN)

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