AdvisorShares Trust (NYSEARCA:FWDB) is Madrona Financial Services LLC’s 2nd Largest Position

Madrona Financial Services LLC increased its position in AdvisorShares Trust (NYSEARCA:FWDB) by 0.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 519,723 shares of the company’s stock after buying an additional 3,981 shares during the quarter. AdvisorShares Trust accounts for 11.4% of Madrona Financial Services LLC’s portfolio, making the stock its 2nd largest position. Madrona Financial Services LLC owned about 71.69% of AdvisorShares Trust worth $13,448,000 at the end of the most recent quarter.

Separately, Jane Street Group LLC lifted its position in AdvisorShares Trust by 10.2% in the 4th quarter. Jane Street Group LLC now owns 23,528 shares of the company’s stock worth $609,000 after buying an additional 2,171 shares during the last quarter.

NYSEARCA:FWDB opened at $25.69 on Friday. AdvisorShares Trust has a 1-year low of $24.20 and a 1-year high of $27.29.

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