Holding Company Depository Receipt

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Holding Company Depository Receipt

Shares in several publicly-traded companies packaged together and traded as if they were one stock. HOLDRs are printed on one stock certificate. HOLDRs are put together in situations where some stocks pay higher dividends, while others have the higher potential for appreciation. They were created and are administered by Merrill Lynch, and trade on the American Stock Exchange. HOLDRs exist in many different industries.