First Allied Advisory Services Inc. cut its stake in shares of PowerShares Exchange-Traded Fund Trust II (NYSEARCA:BKLN) by 17.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 57,458 shares of the exchange traded fund’s stock after selling 12,367 shares during the quarter. First Allied Advisory Services Inc.’s holdings in PowerShares Exchange-Traded Fund Trust II were worth $1,335,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of BKLN. Pekin Singer Strauss Asset Management IL lifted its holdings in shares of PowerShares Exchange-Traded Fund Trust II by 29.3% during the second quarter. Pekin Singer Strauss Asset Management IL now owns 47,195 shares of the exchange traded fund’s stock worth $1,092,000 after purchasing an additional 10,690 shares during the period. Sigma Planning Corp lifted its holdings in shares of PowerShares Exchange-Traded Fund Trust II by 8.2% during the second quarter. Sigma Planning Corp now owns 56,286 shares of the exchange traded fund’s stock worth $1,302,000 after purchasing an additional 4,261 shares during the period. IFC Holdings Incorporated FL lifted its holdings in shares of PowerShares Exchange-Traded Fund Trust II by 0.8% during the second quarter. IFC Holdings Incorporated FL now owns 28,089 shares of the exchange traded fund’s stock worth $651,000 after purchasing an additional 235 shares during the period. Wedbush Securities Inc. lifted its holdings in shares of PowerShares Exchange-Traded Fund Trust II by 12.4% during the second quarter. Wedbush Securities Inc. now owns 41,280 shares of the exchange traded fund’s stock worth $955,000 after purchasing an additional 4,545 shares during the period. Finally, UMB Bank N A MO lifted its holdings in shares of PowerShares Exchange-Traded Fund Trust II by 0.5% during the second quarter. UMB Bank N A MO now owns 162,373 shares of the exchange traded fund’s stock worth $3,757,000 after purchasing an additional 771 shares during the period.

PowerShares Exchange-Traded Fund Trust II (NYSEARCA:BKLN) remained flat at $$23.06 during trading hours on Friday. The company’s stock had a trading volume of 2,282,632 shares, compared to its average volume of 3,789,669. PowerShares Exchange-Traded Fund Trust II has a twelve month low of $22.96 and a twelve month high of $23.46.

The firm also recently disclosed a monthly dividend, which was paid on Thursday, November 30th. Shareholders of record on Tuesday, November 21st were given a $0.0628 dividend. This represents a $0.75 annualized dividend and a yield of 3.27%. The ex-dividend date of this dividend was Monday, November 20th.

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

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