BB&T Investment Services Inc. bought a new position in shares of PowerShares Exchange-Traded Fund Trust II (NYSE:BKLN) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 65,441 shares of the exchange traded fund’s stock, valued at approximately $1,519,000.

A number of other hedge funds also recently made changes to their positions in the stock. Scotia Capital Inc. increased its position in PowerShares Exchange-Traded Fund Trust II by 526.1% during the second quarter. Scotia Capital Inc. now owns 87,537 shares of the exchange traded fund’s stock worth $2,025,000 after acquiring an additional 73,556 shares during the period. Raymond James Financial Services Advisors Inc. increased its position in PowerShares Exchange-Traded Fund Trust II by 24.4% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 465,798 shares of the exchange traded fund’s stock worth $10,779,000 after acquiring an additional 91,351 shares during the period. Aspen Investment Management Inc increased its position in PowerShares Exchange-Traded Fund Trust II by 0.6% during the second quarter. Aspen Investment Management Inc now owns 71,655 shares of the exchange traded fund’s stock worth $1,658,000 after acquiring an additional 400 shares during the period. The Manufacturers Life Insurance Company increased its position in PowerShares Exchange-Traded Fund Trust II by 7.1% during the second quarter. The Manufacturers Life Insurance Company now owns 12,854,543 shares of the exchange traded fund’s stock worth $297,454,000 after acquiring an additional 849,628 shares during the period. Finally, Caspian Capital LP bought a new position in PowerShares Exchange-Traded Fund Trust II during the second quarter worth $19,669,000.

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PowerShares Exchange-Traded Fund Trust II (NYSE BKLN) traded up 0.022% during midday trading on Wednesday, reaching $23.205. 858,708 shares of the company’s stock were exchanged. PowerShares Exchange-Traded Fund Trust II has a 12 month low of $22.96 and a 12 month high of $23.46. The company has a 50 day moving average price of $23.12 and a 200 day moving average price of $23.19.

The firm also recently declared a monthly dividend, which was paid on Friday, September 29th. Investors of record on Tuesday, September 19th were paid a $0.0701 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 3.62%. The ex-dividend date was Monday, September 18th. This is a boost from PowerShares Exchange-Traded Fund Trust II’s previous monthly dividend of $0.07.

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

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