First Capital Advisors Group LLC. cut its position in shares of PowerShares Exchange-Traded Fund Trust II (NYSE:BKLN) by 2.7% during the second quarter, Holdings Channel reports. The fund owned 99,834 shares of the exchange traded fund’s stock after selling 2,762 shares during the period. PowerShares Exchange-Traded Fund Trust II comprises 1.6% of First Capital Advisors Group LLC.’s holdings, making the stock its 13th largest position. First Capital Advisors Group LLC.’s holdings in PowerShares Exchange-Traded Fund Trust II were worth $2,310,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in BKLN. Solaris Asset Management LLC bought a new position in PowerShares Exchange-Traded Fund Trust II during the second quarter valued at approximately $102,000. Benjamin F. Edwards & Company Inc. raised its position in PowerShares Exchange-Traded Fund Trust II by 0.3% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 9,257 shares of the exchange traded fund’s stock valued at $214,000 after buying an additional 24 shares in the last quarter. SignalPoint Asset Management LLC raised its position in PowerShares Exchange-Traded Fund Trust II by 0.7% in the second quarter. SignalPoint Asset Management LLC now owns 13,576 shares of the exchange traded fund’s stock valued at $314,000 after buying an additional 97 shares in the last quarter. Gamble Jones Investment Counsel raised its position in PowerShares Exchange-Traded Fund Trust II by 0.3% in the second quarter. Gamble Jones Investment Counsel now owns 13,867 shares of the exchange traded fund’s stock valued at $321,000 after buying an additional 44 shares in the last quarter. Finally, SeaBridge Investment Advisors LLC raised its position in PowerShares Exchange-Traded Fund Trust II by 1.7% in the second quarter. SeaBridge Investment Advisors LLC now owns 19,620 shares of the exchange traded fund’s stock valued at $454,000 after buying an additional 320 shares in the last quarter.

PowerShares Exchange-Traded Fund Trust II (NYSE:BKLN) opened at 23.15 on Friday. The stock’s 50 day moving average price is $23.18 and its 200 day moving average price is $23.25. PowerShares Exchange-Traded Fund Trust II has a 12-month low of $22.96 and a 12-month high of $23.46.

The business also recently disclosed a monthly dividend, which was paid on Monday, July 31st. Stockholders of record on Tuesday, July 18th were given a $0.0643 dividend. This is an increase from PowerShares Exchange-Traded Fund Trust II’s previous monthly dividend of $0.06. This represents a $0.77 annualized dividend and a dividend yield of 3.33%. The ex-dividend date of this dividend was Friday, July 14th.

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

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