PowerShares Exchange-Traded Fund Trust II (BKLN) Shares Sold by Royal Bank of Canada

Royal Bank of Canada trimmed its stake in shares of PowerShares Exchange-Traded Fund Trust II (NYSE:BKLN) by 13.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,397,588 shares of the exchange traded fund’s stock after selling 371,138 shares during the quarter. Royal Bank of Canada’s holdings in PowerShares Exchange-Traded Fund Trust II were worth $55,480,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently made changes to their positions in the company. Goldman Sachs Group Inc. increased its position in shares of PowerShares Exchange-Traded Fund Trust II by 1.9% during the 2nd quarter. Goldman Sachs Group Inc. now owns 19,333,766 shares of the exchange traded fund’s stock valued at $447,384,000 after purchasing an additional 351,983 shares during the period. Charles Schwab Investment Advisory Inc. increased its position in shares of PowerShares Exchange-Traded Fund Trust II by 7.2% during the 2nd quarter. Charles Schwab Investment Advisory Inc. now owns 8,877,375 shares of the exchange traded fund’s stock valued at $205,422,000 after purchasing an additional 599,947 shares during the period. Mitsubishi UFJ Trust & Banking Corp increased its position in shares of PowerShares Exchange-Traded Fund Trust II by 100.0% during the 2nd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 8,000,000 shares of the exchange traded fund’s stock valued at $185,120,000 after purchasing an additional 4,000,000 shares during the period. Ameriprise Financial Inc. increased its position in shares of PowerShares Exchange-Traded Fund Trust II by 37.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 7,762,356 shares of the exchange traded fund’s stock valued at $179,744,000 after purchasing an additional 2,102,624 shares during the period. Finally, Western Asset Management Co. increased its position in shares of PowerShares Exchange-Traded Fund Trust II by 42.5% during the 2nd quarter. Western Asset Management Co. now owns 6,502,391 shares of the exchange traded fund’s stock valued at $150,466,000 after purchasing an additional 1,940,000 shares during the period.

PowerShares Exchange-Traded Fund Trust II (BKLN) traded down 0.09% during midday trading on Friday, hitting $23.20. The stock had a trading volume of 3,272,945 shares. PowerShares Exchange-Traded Fund Trust II has a one year low of $22.96 and a one year high of $23.46. The stock’s 50-day moving average is $23.13 and its 200-day moving average is $23.19.

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 29th. Stockholders of record on Tuesday, September 19th were paid a dividend of $0.0701 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.62%. This is an increase from PowerShares Exchange-Traded Fund Trust II’s previous monthly dividend of $0.07. The ex-dividend date was Monday, September 18th.

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

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