ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) Sets New 12-Month High – Here’s Why

ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) reached a new 52-week high on Thursday . The company traded as high as $63.58 and last traded at $63.6250, with a volume of 4149 shares traded. The stock had previously closed at $63.10.

ALPS Sector Dividend Dogs ETF Stock Performance

The firm has a market cap of $1.32 billion, a PE ratio of 15.06 and a beta of 0.82. The firm’s 50 day moving average price is $60.98 and its two-hundred day moving average price is $59.87.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. BKM Wealth Management LLC raised its position in ALPS Sector Dividend Dogs ETF by 2.7% during the second quarter. BKM Wealth Management LLC now owns 10,627 shares of the company’s stock valued at $611,000 after acquiring an additional 277 shares in the last quarter. Tower Research Capital LLC TRC boosted its holdings in ALPS Sector Dividend Dogs ETF by 24.7% in the second quarter. Tower Research Capital LLC TRC now owns 1,646 shares of the company’s stock worth $95,000 after purchasing an additional 326 shares in the last quarter. Creative Planning increased its position in ALPS Sector Dividend Dogs ETF by 5.6% during the third quarter. Creative Planning now owns 8,852 shares of the company’s stock worth $533,000 after buying an additional 467 shares during the last quarter. Cypress Wealth Services LLC raised its holdings in ALPS Sector Dividend Dogs ETF by 2.8% during the fourth quarter. Cypress Wealth Services LLC now owns 18,607 shares of the company’s stock valued at $1,125,000 after buying an additional 513 shares in the last quarter. Finally, Money Concepts Capital Corp lifted its position in shares of ALPS Sector Dividend Dogs ETF by 1.7% in the third quarter. Money Concepts Capital Corp now owns 35,896 shares of the company’s stock worth $2,162,000 after buying an additional 597 shares during the last quarter.

ALPS Sector Dividend Dogs ETF Company Profile

The ALPS Sector Dividend Dogs ETF (SDOG) is an exchange-traded fund that is based on the S-Network Sector Dividend Dogs index. The fund tracks an equal-weighted index of the five highest-yielding S&P 500 securities in each sector. SDOG was launched on Jun 29, 2012 and is managed by ALPS.