Starfire Investment Advisers Inc. increased its position in PowerShares Exchange-Traded Fund Trust II (NYSE:BKLN) by 0.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 24,994 shares of the exchange traded fund’s stock after buying an additional 40 shares during the period. Starfire Investment Advisers Inc.’s holdings in PowerShares Exchange-Traded Fund Trust II were worth $578,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Solaris Asset Management LLC acquired a new stake in shares of PowerShares Exchange-Traded Fund Trust II during the second quarter valued at approximately $102,000. Benjamin F. Edwards & Company Inc. raised its stake in shares of 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 in the last quarter. SignalPoint Asset Management LLC raised its stake in shares of PowerShares Exchange-Traded Fund Trust II by 0.7% in the second quarter. SignalPoint Asset Management LLC now owns 13,576 shares of the exchange traded fund’s stock valued at $314,000 after buying an additional 97 shares in the last quarter. Gamble Jones Investment Counsel raised its stake in shares of PowerShares Exchange-Traded Fund Trust II by 0.3% in the second quarter. Gamble Jones Investment Counsel now owns 13,867 shares of the exchange traded fund’s stock valued at $321,000 after buying an additional 44 shares in the last quarter. Finally, SeaBridge Investment Advisors LLC raised its stake in shares of 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 in the last quarter.

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

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

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

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