Prospera Financial Services Inc Trims Stock Holdings in AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADR)

Prospera Financial Services Inc lowered its position in shares of AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADR) by 8.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,836 shares of the company’s stock after selling 569 shares during the quarter. Prospera Financial Services Inc owned about 1.50% of AdvisorShares Dorsey Wright ADR ETF worth $371,000 at the end of the most recent quarter.

Separately, Strategy Asset Managers LLC raised its stake in AdvisorShares Dorsey Wright ADR ETF by 4.0% during the second quarter. Strategy Asset Managers LLC now owns 5,419 shares of the company’s stock valued at $335,000 after buying an additional 210 shares during the last quarter.

AdvisorShares Dorsey Wright ADR ETF Trading Up 0.1 %

NASDAQ AADR opened at $67.50 on Monday. AdvisorShares Dorsey Wright ADR ETF has a 12 month low of $53.01 and a 12 month high of $67.50. The stock’s fifty day moving average price is $64.83 and its 200-day moving average price is $63.21. The stock has a market cap of $26.33 million, a P/E ratio of 14.38 and a beta of 0.99.

AdvisorShares Dorsey Wright ADR ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Monday, September 23rd were given a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a yield of 2.22%. The ex-dividend date of this dividend was Monday, September 23rd.

AdvisorShares Dorsey Wright ADR ETF Company Profile

The AdvisorShares Dorsey Wright ADR ETF (AADR) is an exchange-traded fund that is based on the BNY Mellon Classic ADR index. The fund is an actively managed ETF that aims to outperform the international markets outside the US by holding ADRs with high relative strength. AADR was launched on Jul 20, 2010 and is managed by m.