Integrated Wealth Concepts LLC Has $34.80 Million Stock Holdings in VictoryShares WestEnd US Sector ETF $MODL

Integrated Wealth Concepts LLC lowered its stake in VictoryShares WestEnd US Sector ETF (NASDAQ:MODL) by 1.7% during the second quarter, Holdings Channel.com reports. The fund owned 682,675 shares of the company’s stock after selling 11,884 shares during the period. Integrated Wealth Concepts LLC’s holdings in VictoryShares WestEnd US Sector ETF were worth $34,796,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of MODL. Kestra Advisory Services LLC acquired a new position in VictoryShares WestEnd US Sector ETF during the fourth quarter valued at approximately $38,000. Capital Analysts LLC acquired a new position in shares of VictoryShares WestEnd US Sector ETF during the 4th quarter worth approximately $126,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of VictoryShares WestEnd US Sector ETF during the 3rd quarter worth approximately $184,000. Comerica Bank raised its stake in shares of VictoryShares WestEnd US Sector ETF by 11.2% during the 3rd quarter. Comerica Bank now owns 4,483 shares of the company’s stock worth $207,000 after purchasing an additional 452 shares in the last quarter. Finally, Fifth Third Bancorp acquired a new stake in shares of VictoryShares WestEnd US Sector ETF in the 1st quarter valued at approximately $208,000. Institutional investors own 29.49% of the company’s stock.

VictoryShares WestEnd US Sector ETF Trading Down 1.0%

NASDAQ MODL opened at $52.52 on Wednesday. VictoryShares WestEnd US Sector ETF has a 12 month low of $43.38 and a 12 month high of $53.43. The stock has a 50 day moving average of $52.05 and a 200-day moving average of $49.58. The company has a market cap of $1.06 billion, a PE ratio of 59.01 and a beta of 0.93.

VictoryShares WestEnd US Sector ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Wednesday, September 9th will be paid a $0.0475 dividend. This is an increase from VictoryShares WestEnd US Sector ETF’s previous monthly dividend of $0.01. This represents a c) dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Wednesday, September 9th. VictoryShares WestEnd US Sector ETF’s dividend payout ratio is 39.33%.

About VictoryShares WestEnd US Sector ETF

M*Modal IP LLC, formerly known as Medquist Holdings, Inc, is a United States-based company, which provides clinical transcription services, clinical documentation workflow solutions, cloud-based Speech Understanding technology, and unstructured data analytics. The Company also offers voice to text solutions to capture the patient story, codifies the doctors narrative to populate EHRs and other healthcare information systems, delivers computer-assisted coding to support ICD-9 and the transition to ICD-10, and provides analytical tools.