Pekin Singer Strauss Asset Management IL boosted its position in shares of PowerShares Exchange-Traded Fund Trust II (NYSE:BKLN) by 29.3% during the second quarter, Holdings Channel reports. The institutional investor owned 47,195 shares of the exchange traded fund’s stock after buying an additional 10,690 shares during the period. Pekin Singer Strauss Asset Management IL’s holdings in PowerShares Exchange-Traded Fund Trust II were worth $1,092,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Solaris Asset Management LLC bought a new stake in PowerShares Exchange-Traded Fund Trust II during the second quarter worth about $102,000. Benjamin F. Edwards & Company Inc. increased its stake 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 worth $214,000 after buying an additional 24 shares during the last quarter. SignalPoint Asset Management LLC increased its stake 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 worth $314,000 after buying an additional 97 shares during the last quarter. Gamble Jones Investment Counsel increased its stake 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 worth $321,000 after buying an additional 44 shares during the last quarter. Finally, SeaBridge Investment Advisors LLC increased its stake 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 worth $454,000 after buying an additional 320 shares during the last quarter.

Shares of PowerShares Exchange-Traded Fund Trust II (BKLN) opened at 23.16 on Friday. PowerShares Exchange-Traded Fund Trust II has a 12-month low of $22.96 and a 12-month high of $23.46. The company has a 50-day moving average of $23.19 and a 200-day moving average of $23.25.

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

TRADEMARK VIOLATION WARNING: “Pekin Singer Strauss Asset Management IL Has $1.09 Million Position in PowerShares Exchange-Traded Fund Trust II (BKLN)” was published by Watch List News and is the sole property of of Watch List News. If you are accessing this article on another website, it was stolen and republished in violation of US and international trademark & copyright legislation. The correct version of this article can be read at https://www.watchlistnews.com/pekin-singer-strauss-asset-management-il-has-1-09-million-position-in-powershares-exchange-traded-fund-trust-ii-bkln/1478342.html.

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)

Receive News & Ratings for PowerShares Exchange-Traded Fund Trust II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PowerShares Exchange-Traded Fund Trust II and related companies with Analyst Ratings Network's FREE daily email newsletter.