ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) Hits New 1-Year High – What’s Next?

ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $70.25 and last traded at $70.25, with a volume of 1274 shares traded. The stock had previously closed at $69.23.

ALPS Sector Dividend Dogs ETF Stock Down 1.0%

The stock has a market cap of $1.34 billion, a PE ratio of 15.06 and a beta of 0.70. The firm has a 50 day moving average price of $67.93 and a 200 day moving average price of $65.71.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Western Wealth Management LLC purchased a new position in shares of ALPS Sector Dividend Dogs ETF in the 1st quarter valued at $152,000. NewEdge Advisors LLC boosted its position in ALPS Sector Dividend Dogs ETF by 3.8% during the first quarter. NewEdge Advisors LLC now owns 22,113 shares of the company’s stock valued at $1,438,000 after purchasing an additional 809 shares in the last quarter. SOA Wealth Advisors LLC. grew its stake in ALPS Sector Dividend Dogs ETF by 258.1% in the first quarter. SOA Wealth Advisors LLC. now owns 555 shares of the company’s stock valued at $36,000 after purchasing an additional 400 shares during the last quarter. Arkadios Wealth Advisors purchased a new position in ALPS Sector Dividend Dogs ETF in the first quarter valued at about $538,000. Finally, Royal Bank of Canada raised its holdings in ALPS Sector Dividend Dogs ETF by 1.1% in the first quarter. Royal Bank of Canada now owns 155,649 shares of the company’s stock worth $10,122,000 after purchasing an additional 1,659 shares in 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.