Highwater Wealth Management LLC increased its stake in PowerShares Exchange-Traded Fund Trust II (NYSE:BKLN) by 15.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 31,322 shares of the exchange traded fund’s stock after purchasing an additional 4,231 shares during the quarter. PowerShares Exchange-Traded Fund Trust II comprises about 1.7% of Highwater Wealth Management LLC’s portfolio, making the stock its 18th biggest holding. Highwater Wealth Management LLC’s holdings in PowerShares Exchange-Traded Fund Trust II were worth $725,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of BKLN. Mitsubishi UFJ Trust & Banking Corp lifted its holdings in PowerShares Exchange-Traded Fund Trust II by 100.0% in the second quarter. Mitsubishi UFJ Trust & Banking Corp now owns 8,000,000 shares of the exchange traded fund’s stock worth $185,120,000 after purchasing an additional 4,000,000 shares during the period. Ameriprise Financial Inc. lifted its holdings in PowerShares Exchange-Traded Fund Trust II by 37.2% in the second quarter. Ameriprise Financial Inc. now owns 7,762,356 shares of the exchange traded fund’s stock worth $179,744,000 after purchasing an additional 2,102,624 shares during the period. Western Asset Management Co. lifted its holdings in PowerShares Exchange-Traded Fund Trust II by 42.5% in the second quarter. Western Asset Management Co. now owns 6,502,391 shares of the exchange traded fund’s stock worth $150,466,000 after purchasing an additional 1,940,000 shares during the period. Koch Industries Inc. acquired a new stake in PowerShares Exchange-Traded Fund Trust II in the second quarter worth about $39,669,000. Finally, Voya Investment Management LLC lifted its holdings in PowerShares Exchange-Traded Fund Trust II by 36.3% in the second quarter. Voya Investment Management LLC now owns 5,961,196 shares of the exchange traded fund’s stock worth $137,942,000 after purchasing an additional 1,587,540 shares during the period.

PowerShares Exchange-Traded Fund Trust II (NYSE:BKLN) remained flat at $23.21 during midday trading on Friday. The stock had a trading volume of 1,225,674 shares. The company has a 50-day moving average of $23.14 and a 200-day moving average of $23.19. PowerShares Exchange-Traded Fund Trust II has a 52 week low of $22.96 and a 52 week high of $23.46.

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

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

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