PowerShares Exchange-Traded Fund Trust II (BKLN) Stake Decreased by Muzinich & Co. Inc.

Muzinich & Co. Inc. trimmed its stake in shares of PowerShares Exchange-Traded Fund Trust II (NYSEARCA:BKLN) by 72.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 91,713 shares of the exchange traded fund’s stock after selling 246,641 shares during the quarter. PowerShares Exchange-Traded Fund Trust II comprises about 0.3% of Muzinich & Co. Inc.’s portfolio, making the stock its 27th biggest holding. Muzinich & Co. Inc.’s holdings in PowerShares Exchange-Traded Fund Trust II were worth $2,113,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in the company. Mutual Advisors LLC bought a new stake in shares of PowerShares Exchange-Traded Fund Trust II during the 4th quarter valued at $357,000. State of Tennessee Treasury Department bought a new stake in shares of PowerShares Exchange-Traded Fund Trust II during the 4th quarter valued at $1,290,000. Stelac Advisory Services LLC lifted its position in shares of PowerShares Exchange-Traded Fund Trust II by 15.8% during the 4th quarter. Stelac Advisory Services LLC now owns 276,233 shares of the exchange traded fund’s stock valued at $6,364,000 after acquiring an additional 37,697 shares during the period. Mission Wealth Management LP lifted its position in shares of PowerShares Exchange-Traded Fund Trust II by 47.7% during the 4th quarter. Mission Wealth Management LP now owns 16,886 shares of the exchange traded fund’s stock valued at $389,000 after acquiring an additional 5,452 shares during the period. Finally, Alexandria Capital LLC bought a new stake in shares of PowerShares Exchange-Traded Fund Trust II during the 4th quarter valued at $2,172,000.

Shares of PowerShares Exchange-Traded Fund Trust II (NYSEARCA BKLN) opened at $23.10 on Thursday. PowerShares Exchange-Traded Fund Trust II has a 1 year low of $22.96 and a 1 year 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 given a dividend of $0.0701 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.64%. This is an increase from PowerShares Exchange-Traded Fund Trust II’s previous monthly dividend of $0.07. The ex-dividend date is Tuesday, February 20th.

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

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