AdvisorShares Trust discloses 5.96M VFF shares; sole voting power
Rhea-AI Filing Summary
AdvisorShares Trust reports ownership of 5,963,842 shares of Village Farms International, representing 5.29% of the outstanding common stock. The filer states it has sole voting and sole dispositive power over all reported shares and no shared voting or dispositive power.
The Schedule 13G certification indicates the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer. No group affiliations, subsidiaries, or additional arrangements are disclosed in the filing.
Positive
- Ownership exceeds 5%, triggering transparent public disclosure of the position
- Sole voting and dispositive power reported for 5,963,842 shares provides clarity on control of the stake
- Filing made under Schedule 13G with a certification of passive holding intent
Negative
- None.
Insights
AdvisorShares holds a material, passive stake of 5.29%.
Holding 5,963,842 shares and crossing the 5% threshold requires public reporting and can increase investor attention. The filing classifies the position as a Schedule 13G, which signals a passive intent rather than an activist posture.
This is investor-relevant because a >5% stake is large enough to influence market liquidity for VFF stock and may prompt monitoring by other holders, but the filer explicitly disclaims any control intent.
Form and certifications indicate compliance with 13G passive-holder rules.
The statement includes the required ownership breakdown: sole voting power and sole dispositive power over 5,963,842 shares and reports 5.29% of the class. The filer also certifies the shares are held in the ordinary course and not to influence control.
This reduces regulatory risk that the position will be treated as an active solicitation under Schedule 13D; no additional arrangements, groups, or subsidiaries are disclosed.