PowerShares Exchange-Traded Fund Trust II (NYSE:BKLN) Stake Boosted by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC raised its stake in shares of PowerShares Exchange-Traded Fund Trust II (NYSE:BKLN) by 5.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 406,801 shares of the exchange traded fund’s stock after buying an additional 21,933 shares during the period. Janney Montgomery Scott LLC’s holdings in PowerShares Exchange-Traded Fund Trust II were worth $9,413,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the stock. SeaBridge Investment Advisors LLC raised 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 valued at $454,000 after buying an additional 320 shares during the last quarter. Carroll Financial Associates Inc. raised its stake in PowerShares Exchange-Traded Fund Trust II by 14.1% in the second quarter. Carroll Financial Associates Inc. now owns 23,793 shares of the exchange traded fund’s stock valued at $550,000 after buying an additional 2,946 shares during the last quarter. Moloney Securities Asset Management LLC raised its stake in PowerShares Exchange-Traded Fund Trust II by 8.6% in the second quarter. Moloney Securities Asset Management LLC now owns 33,810 shares of the exchange traded fund’s stock valued at $782,000 after buying an additional 2,682 shares during the last quarter. AEGON USA Investment Management LLC raised its stake in PowerShares Exchange-Traded Fund Trust II by 7.6% in the second quarter. AEGON USA Investment Management LLC now owns 482,900 shares of the exchange traded fund’s stock valued at $11,174,000 after buying an additional 34,000 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. raised 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 valued at $214,000 after buying an additional 24 shares during the last quarter.

PowerShares Exchange-Traded Fund Trust II (NYSE BKLN) traded up 0.04% during mid-day trading on Friday, hitting $23.16. 5,123,476 shares of the stock were exchanged. PowerShares Exchange-Traded Fund Trust II has a 52 week low of $22.96 and a 52 week high of $23.46. The company’s 50-day moving average price is $23.19 and its 200 day moving average price is $23.25.

The firm also recently announced a monthly dividend, which was paid on Monday, July 31st. Stockholders of record on Tuesday, July 18th were issued a $0.0643 dividend. 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. This represents a $0.77 dividend on an annualized basis and a dividend yield of 3.33%.

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

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