Pictet Asset Management Ltd. maintained its position in PowerShares Exchange-Traded Fund Trust II (NYSE:BKLN) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 51,000 shares of the exchange traded fund’s stock at the end of the second quarter. Pictet Asset Management Ltd.’s holdings in PowerShares Exchange-Traded Fund Trust II were worth $1,189,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. AT Bancorp increased its position in PowerShares Exchange-Traded Fund Trust II by 63.7% in the second quarter. AT Bancorp now owns 62,310 shares of the exchange traded fund’s stock valued at $1,442,000 after buying an additional 24,244 shares during the period. Cullen Frost Bankers Inc. increased its position in PowerShares Exchange-Traded Fund Trust II by 10.1% in the second quarter. Cullen Frost Bankers Inc. now owns 90,314 shares of the exchange traded fund’s stock valued at $2,090,000 after buying an additional 8,297 shares during the period. Valmark Advisers Inc. increased its position in 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 during the period. Perennial Advisors LLC increased its position in PowerShares Exchange-Traded Fund Trust II by 13.2% in the second quarter. Perennial Advisors LLC now owns 113,619 shares of the exchange traded fund’s stock valued at $2,629,000 after buying an additional 13,220 shares during the period. Finally, IFP Advisors Inc increased its position in PowerShares Exchange-Traded Fund Trust II by 3.5% in the second quarter. IFP Advisors Inc now owns 139,693 shares of the exchange traded fund’s stock valued at $3,232,000 after buying an additional 4,783 shares during the period.
PowerShares Exchange-Traded Fund Trust II (NYSE BKLN) opened at 23.08 on Wednesday. The company has a 50-day moving average of $23.19 and a 200 day moving average of $23.24. PowerShares Exchange-Traded Fund Trust II has a 12-month low of $22.96 and a 12-month high of $23.46.
The business also recently declared a monthly dividend, which will be paid on Thursday, August 31st. Investors of record on Thursday, August 17th will be issued a $0.0691 dividend. This represents a $0.83 annualized dividend and a yield of 3.59%. The ex-dividend date of this dividend is Tuesday, August 15th. This is a positive change from PowerShares Exchange-Traded Fund Trust II’s previous monthly dividend of $0.06.
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