Bank of New York Mellon Corp increased its stake in shares of PowerShares Exchange-Traded Fund Trust II (NYSE:BKLN) by 4.5% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,260,334 shares of the exchange traded fund’s stock after buying an additional 54,363 shares during the period. Bank of New York Mellon Corp’s holdings in PowerShares Exchange-Traded Fund Trust II were worth $29,164,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Charles Schwab Investment Advisory Inc. raised its position in shares of PowerShares Exchange-Traded Fund Trust II by 7.2% in the 2nd 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. Valmark Advisers Inc. raised its position in shares of PowerShares Exchange-Traded Fund Trust II by 1.2% in the 2nd 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. Cantor Fitzgerald Investment Adviser L.P. acquired a new position in shares of PowerShares Exchange-Traded Fund Trust II in the 2nd quarter valued at approximately $29,631,000. Sei Investments Co. raised its position in shares of PowerShares Exchange-Traded Fund Trust II by 10.7% in the 2nd quarter. Sei Investments Co. now owns 1,099,817 shares of the exchange traded fund’s stock valued at $25,450,000 after buying an additional 105,878 shares in the last quarter. Finally, Stratos Wealth Partners LTD. raised its position in shares of PowerShares Exchange-Traded Fund Trust II by 4.8% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 807,924 shares of the exchange traded fund’s stock valued at $18,695,000 after buying an additional 36,974 shares in the last quarter.

PowerShares Exchange-Traded Fund Trust II (BKLN) opened at 23.12 on Tuesday. The stock has a 50 day moving average of $23.16 and a 200 day moving average of $23.22. 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 announced a monthly dividend, which was paid on Thursday, August 31st. Investors of record on Thursday, August 17th were paid a $0.0691 dividend. 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 yield of 3.58%. The ex-dividend date of this dividend was Tuesday, August 15th.

TRADEMARK VIOLATION WARNING: This piece of content was first published by Daily Political and is owned by of Daily Political. If you are viewing this piece of content on another site, it was stolen and reposted in violation of US and international copyright law. The original version of this piece of content can be viewed at https://www.dailypolitical.com/2017/09/12/powershares-exchange-traded-fund-trust-ii-bkln-shares-bought-by-bank-of-new-york-mellon-corp.html.

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

Receive News & Ratings for PowerShares Exchange-Traded Fund Trust II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PowerShares Exchange-Traded Fund Trust II and related companies with MarketBeat.com's FREE daily email newsletter.