Lido Advisors LLC Acquires 2,606 Shares of PowerShares Exchange-Traded Fund Trust II (NYSEARCA:BKLN)

Lido Advisors LLC increased its position in shares of PowerShares Exchange-Traded Fund Trust II (NYSEARCA:BKLN) by 16.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 18,354 shares of the exchange traded fund’s stock after buying an additional 2,606 shares during the period. Lido Advisors LLC’s holdings in PowerShares Exchange-Traded Fund Trust II were worth $422,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of BKLN. Horan Capital Advisors LLC. bought a new position in PowerShares Exchange-Traded Fund Trust II during the third quarter worth $121,000. Stringer Asset Management LLC bought a new position in PowerShares Exchange-Traded Fund Trust II during the fourth quarter worth $229,000. Steward Partners Investment Advisory LLC bought a new position in PowerShares Exchange-Traded Fund Trust II during the third quarter worth $244,000. Jefferies Group LLC boosted its position in PowerShares Exchange-Traded Fund Trust II by 25.1% during the fourth quarter. Jefferies Group LLC now owns 14,450 shares of the exchange traded fund’s stock worth $333,000 after purchasing an additional 2,900 shares during the period. Finally, Mutual Advisors LLC bought a new position in PowerShares Exchange-Traded Fund Trust II during the fourth quarter worth $357,000.

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BKLN stock traded down $0.01 during midday trading on Friday, reaching $23.10. 3,522,315 shares of the company were exchanged, compared to its average volume of 4,361,571. PowerShares Exchange-Traded Fund Trust II has a one year low of $22.96 and a one year high of $23.33.

The firm also recently announced a monthly dividend, which was paid on Thursday, March 29th. Stockholders of record on Tuesday, March 20th were given a $0.0758 dividend. This represents a $0.91 dividend on an annualized basis and a dividend yield of 3.94%. The ex-dividend date of this dividend was Monday, March 19th. 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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