Advisory Alpha LLC grew its stake in shares of PowerShares Exchange-Traded Fund Trust II (NYSE:BKLN) by 8.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 675,350 shares of the exchange traded fund’s stock after acquiring an additional 51,416 shares during the period. PowerShares Exchange-Traded Fund Trust II accounts for 4.5% of Advisory Alpha LLC’s holdings, making the stock its 2nd largest position. Advisory Alpha LLC’s holdings in PowerShares Exchange-Traded Fund Trust II were worth $15,672,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of the business. Charles Schwab Investment Advisory Inc. raised its position in shares of PowerShares Exchange-Traded Fund Trust II by 7.2% in the second quarter. Charles Schwab Investment Advisory Inc. now owns 8,877,375 shares of the exchange traded fund’s stock valued at $205,422,000 after buying an additional 599,947 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp raised its position in shares of PowerShares Exchange-Traded Fund Trust II by 100.0% in the second quarter. Mitsubishi UFJ Trust & Banking Corp now owns 8,000,000 shares of the exchange traded fund’s stock valued at $185,120,000 after buying an additional 4,000,000 shares in the last quarter. Valmark Advisers Inc. raised its position in shares of PowerShares Exchange-Traded Fund Trust II by 1.2% in the second quarter. Valmark Advisers Inc. now owns 2,610,738 shares of the exchange traded fund’s stock valued at $60,412,000 after buying an additional 30,610 shares in the last quarter. CLS Investments LLC raised its position in shares of PowerShares Exchange-Traded Fund Trust II by 0.3% in the second quarter. CLS Investments LLC now owns 2,004,702 shares of the exchange traded fund’s stock valued at $46,389,000 after buying an additional 6,681 shares in the last quarter. Finally, Beacon Investment Advisory Services Inc. raised its position in shares of PowerShares Exchange-Traded Fund Trust II by 776.3% in the second quarter. Beacon Investment Advisory Services Inc. now owns 1,719,215 shares of the exchange traded fund’s stock valued at $39,783,000 after buying an additional 1,523,026 shares in the last quarter.

PowerShares Exchange-Traded Fund Trust II (NYSE BKLN) traded down 0.09% during midday trading on Monday, hitting $23.12. 2,264,039 shares of the stock were exchanged. The firm’s 50-day moving average price is $23.18 and its 200 day moving average price is $23.23. PowerShares Exchange-Traded Fund Trust II has a 1-year low of $22.96 and a 1-year high of $23.46.

The business also recently announced a monthly dividend, which was paid on Thursday, August 31st. Stockholders of record on Thursday, August 17th were given a dividend of $0.0691 per share. This is an increase from PowerShares Exchange-Traded Fund Trust II’s previous monthly dividend of $0.06. This represents a $0.83 dividend on an annualized basis and a dividend yield of 3.58%. The ex-dividend date was Tuesday, August 15th.

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

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