Strategy Asset Managers LLC Cuts Holdings in AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADR)

Strategy Asset Managers LLC decreased its position in AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADR) by 3.9% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 5,209 shares of the company’s stock after selling 210 shares during the period. Strategy Asset Managers LLC’s holdings in AdvisorShares Dorsey Wright ADR ETF were worth $332,000 as of its most recent SEC filing.

AdvisorShares Dorsey Wright ADR ETF Stock Up 0.8 %

Shares of NASDAQ AADR opened at $67.36 on Thursday. The company has a market capitalization of $26.27 million, a PE ratio of 14.38 and a beta of 0.99. The stock’s 50 day moving average price is $64.52 and its 200-day moving average price is $63.13. AdvisorShares Dorsey Wright ADR ETF has a twelve month low of $52.30 and a twelve month high of $67.36.

AdvisorShares Dorsey Wright ADR ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Monday, September 23rd were paid a $0.375 dividend. The ex-dividend date was Monday, September 23rd. This represents a $1.50 dividend on an annualized basis and a yield of 2.23%.

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.