Comerica Bank Has $3.18 Million Stake in PowerShares Exchange-Traded Fund Trust II (BKLN)

Comerica Bank cut its holdings in shares of PowerShares Exchange-Traded Fund Trust II (NYSEARCA:BKLN) by 18.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 137,161 shares of the exchange traded fund’s stock after selling 31,916 shares during the period. Comerica Bank’s holdings in PowerShares Exchange-Traded Fund Trust II were worth $3,176,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. Mitsubishi UFJ Trust & Banking Corp lifted its stake in PowerShares Exchange-Traded Fund Trust II by 25.0% in the 3rd 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 buying an additional 2,000,000 shares in the last quarter. Charles Schwab Investment Advisory Inc. lifted its stake in PowerShares Exchange-Traded Fund Trust II by 7.3% in the 3rd quarter. Charles Schwab Investment Advisory Inc. now owns 9,522,813 shares of the exchange traded fund’s stock valued at $220,549,000 after buying an additional 645,438 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in PowerShares Exchange-Traded Fund Trust II by 8.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 8,415,157 shares of the exchange traded fund’s stock valued at $194,787,000 after buying an additional 652,801 shares in the last quarter. MD Financial Management Inc. purchased a new position in PowerShares Exchange-Traded Fund Trust II in the 4th quarter valued at about $172,042,000. Finally, Beacon Investment Advisory Services Inc. lifted its stake in PowerShares Exchange-Traded Fund Trust II by 130.2% in the 3rd 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 buying an additional 2,238,190 shares in the last quarter.

PowerShares Exchange-Traded Fund Trust II (NYSEARCA BKLN) opened at $23.14 on Tuesday. 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 declared a monthly dividend, which was paid on Wednesday, January 31st. Investors of record on Tuesday, January 23rd were paid a $0.066 dividend. This represents a $0.79 dividend on an annualized basis and a yield of 3.42%. The ex-dividend date of this dividend was Monday, January 22nd.

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

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