The Manufacturers Life Insurance Company grew its stake in shares of PowerShares Exchange-Traded Fund Trust II (NYSE:BKLN) by 7.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,854,543 shares of the exchange traded fund’s stock after buying an additional 849,628 shares during the quarter. The Manufacturers Life Insurance Company ‘s holdings in PowerShares Exchange-Traded Fund Trust II were worth $297,454,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Greenwood Capital Associates LLC grew its stake in shares of PowerShares Exchange-Traded Fund Trust II by 4.1% in the 2nd quarter. Greenwood Capital Associates LLC now owns 116,097 shares of the exchange traded fund’s stock worth $2,686,000 after purchasing an additional 4,545 shares during the last quarter. Pinebridge Investments L.P. grew its stake in shares of PowerShares Exchange-Traded Fund Trust II by 164.1% in the 2nd quarter. Pinebridge Investments L.P. now owns 557,266 shares of the exchange traded fund’s stock worth $12,895,000 after purchasing an additional 346,300 shares during the last quarter. Cantor Fitzgerald Investment Adviser L.P. acquired a new position in shares of PowerShares Exchange-Traded Fund Trust II in the 2nd quarter worth approximately $29,631,000. Cambridge Investment Research Advisors Inc. grew its stake in shares of PowerShares Exchange-Traded Fund Trust II by 4.5% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 254,711 shares of the exchange traded fund’s stock worth $5,894,000 after purchasing an additional 11,052 shares during the last quarter. Finally, Fiera Capital Corp grew its stake in shares of PowerShares Exchange-Traded Fund Trust II by 215.2% in the 2nd quarter. Fiera Capital Corp now owns 1,571,261 shares of the exchange traded fund’s stock worth $36,359,000 after purchasing an additional 1,072,737 shares during the last quarter.

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Shares of PowerShares Exchange-Traded Fund Trust II (BKLN) traded up 0.13% during trading on Friday, hitting $23.19. 3,218,229 shares of the stock traded hands. The company has a 50 day moving average of $23.11 and a 200-day moving average of $23.19. PowerShares Exchange-Traded Fund Trust II has a 1-year low of $22.96 and a 1-year high of $23.46.

The firm also recently announced a monthly dividend, which was paid on Friday, September 29th. Shareholders of record on Tuesday, September 19th were given a dividend of $0.0701 per share. The ex-dividend date of this dividend was Monday, September 18th. This is an increase from PowerShares Exchange-Traded Fund Trust II’s previous monthly dividend of $0.07. This represents a $0.84 dividend on an annualized basis and a yield of 3.63%.

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

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