Integrated Wealth Concepts LLC Takes $2.38 Million Position in North Square RCIM Tax-Advantaged Preferred and Income Securities ETF $QTPI

Integrated Wealth Concepts LLC purchased a new position in shares of North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (NYSEARCA:QTPI) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 93,490 shares of the company’s stock, valued at approximately $2,384,000. Integrated Wealth Concepts LLC owned about 2.99% of North Square RCIM Tax-Advantaged Preferred and Income Securities ETF as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Patriot Financial Group Insurance Agency LLC purchased a new position in North Square RCIM Tax-Advantaged Preferred and Income Securities ETF in the first quarter valued at approximately $284,000. AdvisorNet Financial Inc increased its position in North Square RCIM Tax-Advantaged Preferred and Income Securities ETF by 12.8% in the first quarter. AdvisorNet Financial Inc now owns 16,040 shares of the company’s stock worth $407,000 after buying an additional 1,820 shares during the last quarter. EverSource Wealth Advisors LLC purchased a new stake in North Square RCIM Tax-Advantaged Preferred and Income Securities ETF in the first quarter worth $1,259,000. Red Cedar Investment Management LLC raised its stake in shares of North Square RCIM Tax-Advantaged Preferred and Income Securities ETF by 42.5% in the fourth quarter. Red Cedar Investment Management LLC now owns 466,193 shares of the company’s stock valued at $11,976,000 after buying an additional 139,093 shares during the period. Finally, SMI Advisory Services LLC raised its stake in shares of North Square RCIM Tax-Advantaged Preferred and Income Securities ETF by 3.1% in the second quarter. SMI Advisory Services LLC now owns 884,577 shares of the company’s stock valued at $22,650,000 after buying an additional 26,239 shares during the period.

North Square RCIM Tax-Advantaged Preferred and Income Securities ETF Stock Down 0.6%

Shares of NYSEARCA QTPI opened at $25.14 on Tuesday. North Square RCIM Tax-Advantaged Preferred and Income Securities ETF has a one year low of $25.06 and a one year high of $26.30. The business’s fifty day moving average price is $25.42 and its 200-day moving average price is $25.51.

North Square RCIM Tax-Advantaged Preferred and Income Securities ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, August 5th. Investors of record on Thursday, July 30th were paid a $0.053 dividend. This represents a c) dividend on an annualized basis and a yield of 2.5%. The ex-dividend date was Thursday, July 30th.

About North Square RCIM Tax-Advantaged Preferred and Income Securities ETF

The North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (QTPI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking to provide high current income and long-term capital appreciation with a focus on tax-advantaged qualified dividend income. The portfolio holds preferred securities, REITs, and other income focused securities. QTPI was launched on Dec 19, 2024 and is issued by North Square.