PowerShares Exchange-Traded Fund Trust II (KBWD) Stake Lessened by WESPAC Advisors LLC

WESPAC Advisors LLC lessened its holdings in shares of PowerShares Exchange-Traded Fund Trust II (NASDAQ:KBWD) by 31.1% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 32,909 shares of the company’s stock after selling 14,831 shares during the quarter. WESPAC Advisors LLC owned about 0.24% of PowerShares Exchange-Traded Fund Trust II worth $777,000 as of its most recent SEC filing.

Shares of PowerShares Exchange-Traded Fund Trust II (KBWD) traded up $0.12 during trading on Wednesday, hitting $22.40. The stock had a trading volume of 57,700 shares, compared to its average volume of 91,718. PowerShares Exchange-Traded Fund Trust II has a 12 month low of $21.09 and a 12 month high of $24.94.

The business also recently announced a monthly dividend, which was paid on Wednesday, January 31st. Stockholders of record on Tuesday, January 23rd were given a dividend of $0.1994 per share. The ex-dividend date was Monday, January 22nd. This is a positive change from PowerShares Exchange-Traded Fund Trust II’s previous monthly dividend of $0.16. This represents a $2.39 dividend on an annualized basis and a dividend yield of 10.68%.

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