Bank of Montreal Can Has $62.06 Million Stake in PowerShares Exchange-Traded Fund Trust II (BKLN)

Bank of Montreal Can reduced its stake in PowerShares Exchange-Traded Fund Trust II (NYSEARCA:BKLN) by 5.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 2,693,490 shares of the exchange traded fund’s stock after selling 156,450 shares during the period. Bank of Montreal Can’s holdings in PowerShares Exchange-Traded Fund Trust II were worth $62,059,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Horan Securities Inc. raised its position in shares of PowerShares Exchange-Traded Fund Trust II by 4.5% in the fourth quarter. Horan Securities Inc. now owns 133,989 shares of the exchange traded fund’s stock worth $3,096,000 after buying an additional 5,808 shares in the last quarter. Solaris Asset Management LLC raised its position in shares of PowerShares Exchange-Traded Fund Trust II by 49.1% in the fourth quarter. Solaris Asset Management LLC now owns 82,378 shares of the exchange traded fund’s stock worth $1,898,000 after buying an additional 27,142 shares in the last quarter. Gemmer Asset Management LLC raised its position in shares of PowerShares Exchange-Traded Fund Trust II by 8.8% in the fourth quarter. Gemmer Asset Management LLC now owns 140,997 shares of the exchange traded fund’s stock worth $3,249,000 after buying an additional 11,427 shares in the last quarter. Oakmont Partners LLC raised its position in shares of PowerShares Exchange-Traded Fund Trust II by 1.2% in the fourth quarter. Oakmont Partners LLC now owns 418,855 shares of the exchange traded fund’s stock worth $9,650,000 after buying an additional 4,832 shares in the last quarter. Finally, Atlantic Trust Group LLC raised its position in shares of PowerShares Exchange-Traded Fund Trust II by 13.4% in the third quarter. Atlantic Trust Group LLC now owns 255,146 shares of the exchange traded fund’s stock worth $5,909,000 after buying an additional 30,140 shares in the last quarter.

Shares of PowerShares Exchange-Traded Fund Trust II (BKLN) opened at $23.18 on Friday. PowerShares Exchange-Traded Fund Trust II has a 12-month low of $22.96 and a 12-month high of $23.46.

The firm also recently disclosed a monthly dividend, which was paid on Friday, December 29th. Investors of record on Tuesday, December 19th were given a $0.0775 dividend. This represents a $0.93 dividend on an annualized basis and a dividend yield of 4.01%. The ex-dividend date of this dividend was Monday, December 18th. This is an increase from PowerShares Exchange-Traded Fund Trust II’s previous monthly dividend of $0.06.

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Want to see what other hedge funds are holding BKLN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PowerShares Exchange-Traded Fund Trust II (NYSEARCA:BKLN).

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

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