ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) Sees Unusually-High Trading Volume – Here’s Why

Shares of ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) saw unusually-high trading volume on Wednesday . 113,100 shares were traded during mid-day trading, an increase of 165% from the previous session’s volume of 42,681 shares.The stock last traded at $73.07 and had previously closed at $73.20.

ALPS Sector Dividend Dogs ETF Price Performance

The firm has a market capitalization of $1.43 billion, a PE ratio of 15.06 and a beta of 0.70. The business has a 50-day simple moving average of $69.27 and a 200-day simple moving average of $66.72.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Bank of America Corp DE raised its stake in shares of ALPS Sector Dividend Dogs ETF by 5.1% in the second quarter. Bank of America Corp DE now owns 1,511,488 shares of the company’s stock valued at $86,878,000 after acquiring an additional 73,524 shares during the period. Wells Fargo & Company MN grew its holdings in ALPS Sector Dividend Dogs ETF by 2.3% during the 4th quarter. Wells Fargo & Company MN now owns 656,805 shares of the company’s stock valued at $39,717,000 after purchasing an additional 14,621 shares during the last quarter. Raymond James Financial Inc. raised its position in ALPS Sector Dividend Dogs ETF by 3.3% in the 2nd quarter. Raymond James Financial Inc. now owns 302,057 shares of the company’s stock worth $17,362,000 after purchasing an additional 9,536 shares during the period. Del Sette Capital Management LLC raised its position in ALPS Sector Dividend Dogs ETF by 401.3% in the 1st quarter. Del Sette Capital Management LLC now owns 281,064 shares of the company’s stock worth $18,279,000 after purchasing an additional 224,994 shares during the period. Finally, LPL Financial LLC lifted its stake in ALPS Sector Dividend Dogs ETF by 2.9% in the fourth quarter. LPL Financial LLC now owns 272,503 shares of the company’s stock worth $16,478,000 after purchasing an additional 7,701 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.