Buckingham Capital Management Inc. Acquires 8,156 Shares of PowerShares Exchange-Traded Fund Trust II (BKLN)

Buckingham Capital Management Inc. grew its holdings in PowerShares Exchange-Traded Fund Trust II (NYSE:BKLN) by 5.5% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 157,419 shares of the exchange traded fund’s stock after buying an additional 8,156 shares during the period. PowerShares Exchange-Traded Fund Trust II accounts for about 0.8% of Buckingham Capital Management Inc.’s holdings, making the stock its 26th biggest holding. Buckingham Capital Management Inc.’s holdings in PowerShares Exchange-Traded Fund Trust II were worth $3,643,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Solaris Asset Management LLC acquired 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 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 worth $214,000 after purchasing an additional 24 shares during the last quarter. SignalPoint Asset Management LLC increased 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 worth $314,000 after purchasing an additional 97 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in PowerShares Exchange-Traded Fund Trust II by 145.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 13,799 shares of the exchange traded fund’s stock worth $319,000 after purchasing an additional 8,188 shares during the last quarter. Finally, Gamble Jones Investment Counsel increased 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 worth $321,000 after purchasing an additional 44 shares during the last quarter.

PowerShares Exchange-Traded Fund Trust II (NYSE BKLN) traded down 0.04% during midday trading on Tuesday, reaching $23.11. 1,498,724 shares of the company traded hands. The company’s 50-day moving average price is $23.16 and its 200 day moving average price is $23.22. PowerShares Exchange-Traded Fund Trust II has a 12 month low of $22.96 and a 12 month high of $23.46.

The company also recently announced a monthly dividend, which was paid on Thursday, August 31st. Investors of record on Thursday, August 17th were paid a $0.0691 dividend. This is an increase from PowerShares Exchange-Traded Fund Trust II’s previous monthly dividend of $0.06. The ex-dividend date was Tuesday, August 15th. This represents a $0.83 annualized dividend and a yield of 3.58%.

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

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