PowerShares Exchange-Traded Fund Trust II (BKLN) Stake Boosted by Newfound Research LLC

Newfound Research LLC increased its stake in shares of PowerShares Exchange-Traded Fund Trust II (NYSE:BKLN) by 6.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 664,914 shares of the exchange traded fund’s stock after purchasing an additional 40,803 shares during the quarter. PowerShares Exchange-Traded Fund Trust II accounts for 8.8% of Newfound Research LLC’s holdings, making the stock its biggest holding. Newfound Research LLC’s holdings in PowerShares Exchange-Traded Fund Trust II were worth $15,399,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Benjamin F. Edwards & Company Inc. boosted its holdings in PowerShares Exchange-Traded Fund Trust II by 0.3% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 9,257 shares of the exchange traded fund’s stock valued at $214,000 after acquiring an additional 24 shares during the period. Gamble Jones Investment Counsel lifted its holdings in shares of PowerShares Exchange-Traded Fund Trust II by 0.3% in the 2nd 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 period. EP Wealth Advisors LLC lifted its holdings in shares of PowerShares Exchange-Traded Fund Trust II by 0.5% in the 2nd quarter. EP Wealth Advisors LLC now owns 10,352 shares of the exchange traded fund’s stock worth $240,000 after buying an additional 52 shares during the period. Kingfisher Capital LLC lifted its holdings in shares of PowerShares Exchange-Traded Fund Trust II by 0.7% in the 2nd quarter. Kingfisher Capital LLC now owns 13,962 shares of the exchange traded fund’s stock worth $323,000 after buying an additional 92 shares during the period. Finally, SignalPoint Asset Management LLC lifted its holdings in shares of PowerShares Exchange-Traded Fund Trust II by 0.7% in the 2nd 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 period.

Shares of PowerShares Exchange-Traded Fund Trust II (NYSE BKLN) traded up $0.02 during mid-day trading on Monday, hitting $23.11. The company’s stock had a trading volume of 213,062 shares. PowerShares Exchange-Traded Fund Trust II has a twelve month low of $22.96 and a twelve month high of $23.46.

The company also recently disclosed a monthly dividend, which was paid on Tuesday, October 31st. Stockholders of record on Tuesday, October 24th were paid a $0.07 dividend. The ex-dividend date of this dividend was Monday, October 23rd. This represents a $0.84 dividend on an annualized basis and a dividend 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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