Prospera Financial Services Inc Acquires 978 Shares of AdvisorShares Dorsey Wright ADR ETF $AADR

Prospera Financial Services Inc grew its holdings in AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADR) by 14.5% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 7,740 shares of the company’s stock after acquiring an additional 978 shares during the period. Prospera Financial Services Inc’s holdings in AdvisorShares Dorsey Wright ADR ETF were worth $611,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Jane Street Group LLC purchased a new stake in shares of AdvisorShares Dorsey Wright ADR ETF during the 1st quarter valued at about $509,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in AdvisorShares Dorsey Wright ADR ETF during the first quarter valued at approximately $106,000. Finally, Farther Finance Advisors LLC bought a new stake in shares of AdvisorShares Dorsey Wright ADR ETF in the 2nd quarter valued at approximately $62,000.

AdvisorShares Dorsey Wright ADR ETF Stock Down 0.4%

Shares of AADR opened at $84.22 on Friday. The business has a fifty day moving average of $84.97 and a 200 day moving average of $81.12. The company has a market cap of $46.32 million, a PE ratio of 13.70 and a beta of 0.93. AdvisorShares Dorsey Wright ADR ETF has a 52-week low of $61.52 and a 52-week high of $87.64.

AdvisorShares Dorsey Wright ADR ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 22nd were paid a dividend of $0.101 per share. The ex-dividend date of this dividend was Monday, September 22nd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.5%.

About AdvisorShares Dorsey Wright ADR ETF

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.