Ladenburg Thalmann Financial Services Inc. Reduces Position in AdvisorShares Pacific Asset Enhanced Floating Rate ETF (FLRT)

Ladenburg Thalmann Financial Services Inc. cut its position in shares of AdvisorShares Pacific Asset Enhanced Floating Rate ETF (NYSEARCA:FLRT) by 64.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,532 shares of the company’s stock after selling 4,674 shares during the period. Ladenburg Thalmann Financial Services Inc. owned approximately 0.42% of AdvisorShares Pacific Asset Enhanced Floating Rate ETF worth $124,000 as of its most recent SEC filing.

Shares of AdvisorShares Pacific Asset Enhanced Floating Rate ETF stock opened at $49.12 on Monday. AdvisorShares Pacific Asset Enhanced Floating Rate ETF has a 12 month low of $48.78 and a 12 month high of $50.07.

The company also recently declared a monthly dividend, which was paid on Thursday, March 29th. Investors of record on Tuesday, March 27th were paid a dividend of $0.1117 per share. This represents a $1.34 dividend on an annualized basis and a yield of 2.73%. The ex-dividend date of this dividend was Monday, March 26th.

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