Osaic Holdings Inc. Boosts Stock Position in AdvisorShares Dorsey Wright Short ETF $DWSH

Osaic Holdings Inc. raised its stake in AdvisorShares Dorsey Wright Short ETF (NASDAQ:DWSH) by 7,050.9% during the second quarter, HoldingsChannel reports. The fund owned 253,500 shares of the company’s stock after buying an additional 249,955 shares during the period. Osaic Holdings Inc. owned about 0.15% of AdvisorShares Dorsey Wright Short ETF worth $1,883,000 as of its most recent SEC filing.

Separately, OLD Mission Capital LLC bought a new stake in AdvisorShares Dorsey Wright Short ETF during the 1st quarter valued at about $197,000.

AdvisorShares Dorsey Wright Short ETF Stock Up 0.2%

Shares of AdvisorShares Dorsey Wright Short ETF stock opened at $6.42 on Monday. The company has a 50-day simple moving average of $6.92 and a two-hundred day simple moving average of $6.95. AdvisorShares Dorsey Wright Short ETF has a 52-week low of $6.35 and a 52-week high of $9.08.

AdvisorShares Dorsey Wright Short ETF Announces Dividend

The firm also recently announced an annual dividend, which will be paid on Monday, December 29th. Shareholders of record on Monday, December 22nd will be issued a $0.4064 dividend. The ex-dividend date of this dividend is Monday, December 22nd. This represents a dividend yield of 634.0%.

About AdvisorShares Dorsey Wright Short ETF

The AdvisorShares Dorsey Wright Short ETF (DWSH) is an exchange-traded fund that is based on the Russell 3000 index. The fund is actively managed to achieve long-term capital appreciation by shorting US-listed large-cap companies exhibiting weak relative strength. DWSH was launched on Jul 10, 2018 and is managed by AdvisorShares.