Charles Schwab Investment Advisory Inc. Has $205.42 Million Stake in PowerShares Exchange-Traded Fund Trust II (NYSE:BKLN)

Charles Schwab Investment Advisory Inc. raised its position in PowerShares Exchange-Traded Fund Trust II (NYSE:BKLN) by 7.2% during the second quarter, Holdings Channel reports. The fund owned 8,877,375 shares of the exchange traded fund’s stock after buying an additional 599,947 shares during the period. PowerShares Exchange-Traded Fund Trust II accounts for approximately 1.0% of Charles Schwab Investment Advisory Inc.’s holdings, making the stock its 24th largest position. Charles Schwab Investment Advisory Inc.’s holdings in PowerShares Exchange-Traded Fund Trust II were worth $205,422,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in BKLN. Cantor Fitzgerald Investment Adviser L.P. purchased a new stake in PowerShares Exchange-Traded Fund Trust II during the second quarter valued at about $29,631,000. GenTrust LLC raised its stake in PowerShares Exchange-Traded Fund Trust II by 1,732.7% in the second quarter. GenTrust LLC now owns 160,457 shares of the exchange traded fund’s stock valued at $3,713,000 after buying an additional 151,702 shares in the last quarter. Sei Investments Co. raised its stake in PowerShares Exchange-Traded Fund Trust II by 10.7% in the second 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. Harbour Capital Advisors LLC raised its stake in PowerShares Exchange-Traded Fund Trust II by 3,949.5% in the second quarter. Harbour Capital Advisors LLC now owns 40,495 shares of the exchange traded fund’s stock valued at $1,750,000 after buying an additional 39,495 shares in the last quarter. Finally, Stratos Wealth Partners LTD. raised its stake in PowerShares Exchange-Traded Fund Trust II by 4.8% in the second 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.

Shares of PowerShares Exchange-Traded Fund Trust II (NYSE:BKLN) opened at 23.22 on Thursday. The company’s 50 day moving average is $23.18 and its 200 day moving average is $23.25. 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 announced a monthly dividend, which was paid on Monday, July 31st. Investors of record on Tuesday, July 18th were issued a dividend of $0.0643 per share. This represents a $0.77 dividend on an annualized basis and a yield of 3.32%. The ex-dividend date was Friday, July 14th. This is a positive change from PowerShares Exchange-Traded Fund Trust II’s previous monthly dividend of $0.06.

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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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