PowerShares Exchange-Traded Fund Trust II (BKLN) Shares Bought by Stelac Advisory Services LLC

Stelac Advisory Services LLC boosted its holdings in PowerShares Exchange-Traded Fund Trust II (NYSEARCA:BKLN) by 15.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 276,233 shares of the exchange traded fund’s stock after purchasing an additional 37,697 shares during the period. PowerShares Exchange-Traded Fund Trust II comprises about 2.7% of Stelac Advisory Services LLC’s portfolio, making the stock its 9th largest holding. Stelac Advisory Services LLC owned 0.08% of PowerShares Exchange-Traded Fund Trust II worth $6,364,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. MD Financial Management Inc. acquired a new stake in PowerShares Exchange-Traded Fund Trust II in the fourth quarter valued at $172,042,000. Pinebridge Investments L.P. lifted its stake in PowerShares Exchange-Traded Fund Trust II by 555.4% in the third quarter. Pinebridge Investments L.P. now owns 3,652,202 shares of the exchange traded fund’s stock valued at $84,585,000 after acquiring an additional 3,094,936 shares during the last quarter. Cowen Inc. lifted its stake in PowerShares Exchange-Traded Fund Trust II by 200.0% in the third quarter. Cowen Inc. now owns 1,306,000 shares of the exchange traded fund’s stock valued at $30,247,000 after acquiring an additional 2,612,000 shares during the last quarter. Beacon Investment Advisory Services Inc. lifted its stake in PowerShares Exchange-Traded Fund Trust II by 130.2% in the third quarter. Beacon Investment Advisory Services Inc. now owns 3,957,405 shares of the exchange traded fund’s stock valued at $91,653,000 after acquiring an additional 2,238,190 shares during the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp lifted its stake in PowerShares Exchange-Traded Fund Trust II by 25.0% in the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 10,000,000 shares of the exchange traded fund’s stock valued at $231,600,000 after acquiring an additional 2,000,000 shares during the last quarter.

Shares of PowerShares Exchange-Traded Fund Trust II (NYSEARCA:BKLN) opened at $23.08 on Wednesday. PowerShares Exchange-Traded Fund Trust II has a 12 month low of $22.96 and a 12 month high of $23.46.

The business also recently announced a monthly dividend, which will be paid on Wednesday, February 28th. Stockholders of record on Wednesday, February 21st will be paid a dividend of $0.0701 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.65%. The ex-dividend date of this dividend is Tuesday, February 20th. This is a boost from PowerShares Exchange-Traded Fund Trust II’s previous monthly dividend of $0.07.

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

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