AdvisorShares Newfleet Multi-Sector Income ETF (NYSEARCA:MINC) Shares Sold by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. cut its stake in AdvisorShares Newfleet Multi-Sector Income ETF (NYSEARCA:MINC – Get Rating) by 7.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,441 shares of the company’s stock after selling 1,745 shares during the period. Cambridge Investment Research Advisors Inc. owned 4.54% of AdvisorShares Newfleet Multi-Sector Income ETF worth $910,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of MINC. Royal Bank of Canada boosted its stake in AdvisorShares Newfleet Multi-Sector Income ETF by 10.3% in the 1st quarter. Royal Bank of Canada now owns 154,385 shares of the company’s stock worth $7,241,000 after purchasing an additional 14,442 shares in the last quarter. Richard W. Paul & Associates LLC acquired a new stake in AdvisorShares Newfleet Multi-Sector Income ETF during the 4th quarter worth about $554,000. Orion Portfolio Solutions LLC acquired a new stake in AdvisorShares Newfleet Multi-Sector Income ETF during the 1st quarter worth about $326,000. Jane Street Group LLC lifted its position in AdvisorShares Newfleet Multi-Sector Income ETF by 61.7% during the 2nd quarter. Jane Street Group LLC now owns 7,301 shares of the company’s stock worth $333,000 after acquiring an additional 2,785 shares during the period. Finally, UBS Group AG lifted its position in AdvisorShares Newfleet Multi-Sector Income ETF by 441.6% during the 2nd quarter. UBS Group AG now owns 1,744 shares of the company’s stock worth $80,000 after acquiring an additional 1,422 shares during the period.

AdvisorShares Newfleet Multi-Sector Income ETF Stock Down 0.1 %

Shares of MINC opened at $44.91 on Friday. The stock has a 50-day moving average of $45.01 and a two-hundred day moving average of $44.85. AdvisorShares Newfleet Multi-Sector Income ETF has a one year low of $43.67 and a one year high of $46.34.

AdvisorShares Newfleet Multi-Sector Income ETF Profile

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The AdvisorShares Newfleet Multi-Sector Income ETF (MINC) is an exchange-traded fund that is based on the Bloomberg Global Aggregate Bond index. The fund is an actively managed fund that holds a broad variety of corporate, sovereign, municipal and mortgage-backed bonds, targeting a duration of one to three years.