Raymond James Financial Inc. Takes Position in AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADR)

Raymond James Financial Inc. purchased a new stake in shares of AdvisorShares Dorsey Wright ADR ETF (NASDAQ:AADR) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 14,035 shares of the company’s stock, valued at approximately $969,000. Raymond James Financial Inc. owned approximately 4.01% of AdvisorShares Dorsey Wright ADR ETF at the end of the most recent reporting period.

AdvisorShares Dorsey Wright ADR ETF Stock Down 8.1 %

AdvisorShares Dorsey Wright ADR ETF stock opened at $65.71 on Friday. AdvisorShares Dorsey Wright ADR ETF has a 52-week low of $54.57 and a 52-week high of $80.18. The firm’s fifty day moving average is $75.44 and its 200 day moving average is $70.26. The company has a market cap of $32.53 million, a price-to-earnings ratio of 16.78 and a beta of 0.96.

AdvisorShares Dorsey Wright ADR ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 21st were issued a $0.0168 dividend. The ex-dividend date was Friday, March 21st.

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.