Dorsey & Whitney Trust CO LLC maintained its stake in shares of PowerShares Exchange-Traded Fund Trust II (NYSE:BKLN) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,050 shares of the exchange traded fund’s stock at the close of the 2nd quarter. Dorsey & Whitney Trust CO LLC’s holdings in PowerShares Exchange-Traded Fund Trust II were worth $256,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Ameriprise Financial Inc. increased its holdings in PowerShares Exchange-Traded Fund Trust II by 37.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 7,762,356 shares of the exchange traded fund’s stock worth $179,744,000 after acquiring an additional 2,102,624 shares in the last quarter. Buckingham Capital Management Inc. increased its holdings in PowerShares Exchange-Traded Fund Trust II by 5.5% in the 2nd quarter. Buckingham Capital Management Inc. now owns 157,419 shares of the exchange traded fund’s stock worth $3,643,000 after acquiring an additional 8,156 shares in the last quarter. Fiera Capital Corp increased its holdings in PowerShares Exchange-Traded Fund Trust II by 215.2% in the 2nd quarter. Fiera Capital Corp now owns 1,571,261 shares of the exchange traded fund’s stock worth $36,359,000 after acquiring an additional 1,072,737 shares in the last quarter. Uniplan Investment Counsel Inc. increased its holdings in PowerShares Exchange-Traded Fund Trust II by 8.8% in the 2nd quarter. Uniplan Investment Counsel Inc. now owns 556,171 shares of the exchange traded fund’s stock worth $12,870,000 after acquiring an additional 45,040 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in PowerShares Exchange-Traded Fund Trust II by 145.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 13,799 shares of the exchange traded fund’s stock worth $319,000 after acquiring an additional 8,188 shares in the last quarter.

Shares of PowerShares Exchange-Traded Fund Trust II (NYSE BKLN) opened at 23.12 on Friday. The company has a 50-day moving average of $23.14 and a 200 day moving average of $23.22. PowerShares Exchange-Traded Fund Trust II has a one year low of $22.96 and a one year high of $23.46.

The firm also recently disclosed a monthly dividend, which was paid on Thursday, August 31st. Shareholders of record on Thursday, August 17th were given a $0.0691 dividend. This is a boost from PowerShares Exchange-Traded Fund Trust II’s previous monthly dividend of $0.06. The ex-dividend date of this dividend was Tuesday, August 15th. This represents a $0.83 annualized dividend and a yield of 3.58%.

COPYRIGHT VIOLATION WARNING: This story was reported by Daily Political and is the property of of Daily Political. If you are viewing this story on another website, it was stolen and reposted in violation of international trademark & copyright laws. The legal version of this story can be accessed at https://www.dailypolitical.com/2017/09/17/dorsey-whitney-trust-co-llc-has-256000-stake-in-powershares-exchange-traded-fund-trust-ii-bkln.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.