ADVISORSHARES DORSEY WRIGHT FSM ALL CAP WORLD ETF
Schedule of Investments
September 30, 2024 (Unaudited)
| Investments | | Shares | | | Value | |
| EXCHANGE TRADED FUNDS – 99.8% | | | | | | | | |
| | | | | | | | | |
| Equity Fund – 99.8% | | | | | | | | |
| iShares Morningstar U.S. Equity ETF | | | 371,920 | | | $ | 29,467,222 | |
| SPDR S&P 500 ETF Trust | | | 87,444 | | | | 50,171,869 | |
Total Exchange Traded Funds
(Cost $73,954,387) | | | | | | | 79,639,091 | |
| | | | | | | | | |
| MONEY MARKET FUND – 0.2% | | | | | | | | |
BlackRock Liquidity Funds Treasury Trust Fund Portfolio, Institutional Class, 4.89%(a)
(Cost $154,245) | | | 154,245 | | | | 154,245 | |
| | | | | | | | | |
Total Investments – 100.0%
(Cost $74,108,632) | | | | | | | 79,793,336 | |
| Other Assets in Excess of Liabilities – 0.0%** | | | | | | | 21,608 | |
| Net Assets – 100.0% | | | | | | $ | 79,814,944 | |
| ** | Less than 0.05%. |
| (a) | Rate shown reflects the 7-day yield as of September 30, 2024. |
ADVISORSHARES DORSEY WRIGHT FSM ALL CAP WORLD ETF
Schedule of Investments (continued)
September 30, 2024 (Unaudited)
For information on the Fund’s policies regarding the valuation of investments and other significant accounting policies, please refer to the Fund’s most recent semi- annual or annual financial statements.
Fair Value Measurements
The following is a summary of the inputs used, as of September 30, 2024, in valuing the Fund’s assets and liabilities carried at fair value. These inputs are summarized in three broad levels. Level 1 includes quoted prices in active markets for identical securities. Level 2 includes other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds and credit risk). Level 3 includes significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments). The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities.
| Assets | | Level 1 | | | Level 2 | | | Level 3 | | | Total | |
| Exchange Traded Funds | | $ | 79,639,091 | | | $ | – | | | $ | – | | | $ | 79,639,091 | |
| Money Market Fund | | | 154,245 | | | | – | | | | – | | | | 154,245 | |
| Total | | $ | 79,793,336 | | | $ | – | | | $ | – | | | $ | 79,793,336 | |
SUMMARY OF SCHEDULE OF INVESTMENTS
| | | % of
Net Assets | |
| Equity Fund | | | 99.8 | % |
| Money Market Fund | | | 0.2 | |
| Total Investments | | | 100.0 | |
| Other Assets in Excess of Liabilities | | | 0.0 | ** |
| Net Assets | | | 100.0 | % |
