Suntrust Banks Inc. boosted its stake in shares of PowerShares Exchange-Traded Fund Trust II (NYSE:BKLN) by 32.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,162,334 shares of the exchange traded fund’s stock after purchasing an additional 284,746 shares during the period. Suntrust Banks Inc.’s holdings in PowerShares Exchange-Traded Fund Trust II were worth $26,894,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Benjamin F. Edwards & Company Inc. lifted its position in PowerShares Exchange-Traded Fund Trust II by 0.3% during 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 purchasing an additional 24 shares during the period. Gamble Jones Investment Counsel lifted its position in PowerShares Exchange-Traded Fund Trust II by 0.3% during the second quarter. Gamble Jones Investment Counsel now owns 13,867 shares of the exchange traded fund’s stock valued at $321,000 after purchasing an additional 44 shares during the period. SignalPoint Asset Management LLC lifted its position in PowerShares Exchange-Traded Fund Trust II by 0.7% during the second quarter. SignalPoint Asset Management LLC now owns 13,576 shares of the exchange traded fund’s stock valued at $314,000 after purchasing an additional 97 shares during the period. Comerica Securities Inc. lifted its position in PowerShares Exchange-Traded Fund Trust II by 0.4% during the second quarter. Comerica Securities Inc. now owns 32,193 shares of the exchange traded fund’s stock valued at $745,000 after purchasing an additional 115 shares during the period. Finally, LGL Partners LLC lifted its position in PowerShares Exchange-Traded Fund Trust II by 0.8% during the second quarter. LGL Partners LLC now owns 17,378 shares of the exchange traded fund’s stock valued at $402,000 after purchasing an additional 142 shares during the period.

Shares of PowerShares Exchange-Traded Fund Trust II (NYSE BKLN) traded down 0.108% on Friday, reaching $23.075. 818,914 shares of the company were exchanged. The firm’s 50 day moving average price is $23.13 and its 200 day moving average price is $23.21. PowerShares Exchange-Traded Fund Trust II has a 52 week low of $22.96 and a 52 week high of $23.46.

The business also recently announced a monthly dividend, which will be paid on Friday, September 29th. Investors of record on Tuesday, September 19th will be paid a $0.0701 dividend. The ex-dividend date is Monday, September 18th. This is a boost from PowerShares Exchange-Traded Fund Trust II’s previous monthly dividend of $0.07. This represents a $0.84 dividend on an annualized basis and a yield of 3.64%.

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

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