Wedbush Securities Inc. increased its stake in PowerShares Exchange-Traded Fund Trust II (NYSE:BKLN) by 12.4% during the second quarter, Holdings Channel reports. The institutional investor owned 41,280 shares of the exchange traded fund’s stock after buying an additional 4,545 shares during the period. Wedbush Securities Inc.’s holdings in PowerShares Exchange-Traded Fund Trust II were worth $955,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Solaris Asset Management LLC bought a new position in PowerShares Exchange-Traded Fund Trust II during the second quarter valued at about $102,000. Benjamin F. Edwards & Company Inc. raised its position 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 in the last quarter. SignalPoint Asset Management LLC raised its position in 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 position in 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 position 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 in the last quarter.

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 firm’s 50-day moving average price is $23.19 and its 200 day moving average price is $23.25.

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

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Want to see what other hedge funds are holding BKLN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PowerShares Exchange-Traded Fund Trust II (NYSE:BKLN).

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

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