Gradient Investments LLC Has $125,000 Stock Holdings in AdvisorShares Newfleet Multi-Sector Income ETF (NYSEARCA:MINC)

Gradient Investments LLC lifted its stake in shares of AdvisorShares Newfleet Multi-Sector Income ETF (NYSEARCA:MINCGet Rating) by 9.6% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,747 shares of the company’s stock after purchasing an additional 240 shares during the period. Gradient Investments LLC owned approximately 0.15% of AdvisorShares Newfleet Multi-Sector Income ETF worth $125,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Orion Portfolio Solutions LLC acquired a new stake in shares of AdvisorShares Newfleet Multi-Sector Income ETF during the first quarter worth $326,000. Royal Bank of Canada grew its holdings in shares of AdvisorShares Newfleet Multi-Sector Income ETF by 10.3% during the first quarter. Royal Bank of Canada now owns 154,385 shares of the company’s stock valued at $7,241,000 after buying an additional 14,442 shares in the last quarter. Raleigh Capital Management Inc. purchased a new position in shares of AdvisorShares Newfleet Multi-Sector Income ETF during the first quarter valued at $30,000. Private Advisor Group LLC grew its holdings in shares of AdvisorShares Newfleet Multi-Sector Income ETF by 18.0% during the first quarter. Private Advisor Group LLC now owns 40,967 shares of the company’s stock valued at $1,922,000 after buying an additional 6,248 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. grew its holdings in shares of AdvisorShares Newfleet Multi-Sector Income ETF by 4.2% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 23,761 shares of the company’s stock valued at $1,114,000 after buying an additional 957 shares in the last quarter.

AdvisorShares Newfleet Multi-Sector Income ETF Trading Up 0.0 %

Shares of MINC stock opened at $45.35 on Wednesday. AdvisorShares Newfleet Multi-Sector Income ETF has a 1-year low of $45.29 and a 1-year high of $49.23. The stock’s fifty day simple moving average is $45.70 and its 200-day simple moving average is $46.12.

Further Reading

Institutional Ownership by Quarter for AdvisorShares Newfleet Multi-Sector Income ETF (NYSEARCA:MINC)

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