West Coast Financial LLC Invests $8.54 Million in PowerShares Exchange-Traded Fund Trust II (SPLV)

West Coast Financial LLC acquired a new stake in shares of PowerShares Exchange-Traded Fund Trust II (NYSEARCA:SPLV) in the 4th quarter, HoldingsChannel reports. The fund acquired 178,977 shares of the company’s stock, valued at approximately $8,544,000. PowerShares Exchange-Traded Fund Trust II accounts for about 2.4% of West Coast Financial LLC’s portfolio, making the stock its 7th largest position.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SPLV. Atria Investments LLC boosted its holdings in shares of PowerShares Exchange-Traded Fund Trust II by 79.4% during the 4th quarter. Atria Investments LLC now owns 65,544 shares of the company’s stock valued at $3,129,000 after purchasing an additional 29,008 shares during the last quarter. CWM LLC boosted its holdings in shares of PowerShares Exchange-Traded Fund Trust II by 5.5% during the 4th quarter. CWM LLC now owns 279,118 shares of the company’s stock valued at $13,325,000 after purchasing an additional 14,494 shares during the last quarter. BKD Wealth Advisors LLC bought a new position in shares of PowerShares Exchange-Traded Fund Trust II during the 4th quarter valued at about $496,000. Moneywise Inc. boosted its holdings in shares of PowerShares Exchange-Traded Fund Trust II by 4.0% during the 4th quarter. Moneywise Inc. now owns 142,363 shares of the company’s stock valued at $6,796,000 after purchasing an additional 5,494 shares during the last quarter. Finally, Creative Planning boosted its holdings in shares of PowerShares Exchange-Traded Fund Trust II by 26.1% during the 4th quarter. Creative Planning now owns 23,569 shares of the company’s stock valued at $1,125,000 after purchasing an additional 4,876 shares during the last quarter.

Shares of PowerShares Exchange-Traded Fund Trust II (SPLV) traded up $0.17 during trading hours on Friday, hitting $48.23. 1,560,162 shares of the company were exchanged, compared to its average volume of 1,309,146. PowerShares Exchange-Traded Fund Trust II has a 1 year low of $41.36 and a 1 year high of $48.48.

The firm also recently declared a monthly dividend, which was paid on Friday, December 29th. Investors of record on Tuesday, December 19th were issued a $0.075 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of 1.87%. The ex-dividend date was Monday, December 18th.

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

Institutional Ownership by Quarter for PowerShares Exchange-Traded Fund Trust II (NYSEARCA:SPLV)

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