Concorde Asset Management LLC Acquires Shares of 19,160 AdvisorShares Dorsey Wright FSM US Core ETF $DWUS

Concorde Asset Management LLC bought a new position in AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 19,160 shares of the company’s stock, valued at approximately $1,220,000. AdvisorShares Dorsey Wright FSM US Core ETF accounts for 0.7% of Concorde Asset Management LLC’s holdings, making the stock its 28th largest holding. Concorde Asset Management LLC owned approximately 0.93% of AdvisorShares Dorsey Wright FSM US Core ETF as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Montanova Capital LLC acquired a new position in AdvisorShares Dorsey Wright FSM US Core ETF during the 2nd quarter worth approximately $620,334,000. Compass Financial Management LLC acquired a new stake in AdvisorShares Dorsey Wright FSM US Core ETF in the second quarter valued at approximately $41,029,000. Corient Private Wealth LP purchased a new stake in shares of AdvisorShares Dorsey Wright FSM US Core ETF during the second quarter valued at approximately $17,916,000. A. D. Beadell Investment Counsel Inc. purchased a new stake in shares of AdvisorShares Dorsey Wright FSM US Core ETF during the second quarter valued at approximately $5,249,000. Finally, Proficio Capital Partners LLC acquired a new position in shares of AdvisorShares Dorsey Wright FSM US Core ETF during the second quarter worth $4,499,000.

AdvisorShares Dorsey Wright FSM US Core ETF Trading Down 0.5%

Shares of DWUS stock opened at $59.27 on Wednesday. The firm has a fifty day simple moving average of $59.64 and a 200-day simple moving average of $57.72. The company has a market capitalization of $121.51 million, a PE ratio of 27.28 and a beta of 1.01. AdvisorShares Dorsey Wright FSM US Core ETF has a twelve month low of $49.38 and a twelve month high of $63.93.

About AdvisorShares Dorsey Wright FSM US Core ETF

The AdvisorShares Dorsey Wright FSM US Core ETF (DWUS) is an exchange-traded fund that is based on the S&P 500 Managed Risk 2.0 index. The fund is an actively managed fund of funds of US large-caps that follows a proprietary rules-based momentum strategy and seeks long-term capital appreciation. DWUS was launched on Dec 26, 2019 and is managed by AdvisorShares.