ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) Hits New 1-Year High – Time to Buy?

ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) reached a new 52-week high on Thursday . The stock traded as high as $74.73 and last traded at $74.25, with a volume of 25158 shares changing hands. The stock had previously closed at $73.55.

ALPS Sector Dividend Dogs ETF Stock Up 1.0%

The company has a fifty day simple moving average of $70.73 and a 200-day simple moving average of $67.81. The firm has a market cap of $1.46 billion, a P/E ratio of 15.06 and a beta of 0.70.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Compass Financial Management LLC bought a new position in shares of ALPS Sector Dividend Dogs ETF during the 2nd quarter valued at approximately $28,000. Phillip James Consulting Co. bought a new stake in ALPS Sector Dividend Dogs ETF during the 1st quarter worth approximately $36,000. Arax Advisory Partners purchased a new position in ALPS Sector Dividend Dogs ETF during the fourth quarter valued at approximately $33,000. SOA Wealth Advisors LLC. lifted its holdings in ALPS Sector Dividend Dogs ETF by 258.1% during 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 in the last quarter. Finally, Farther Finance Advisors LLC bought a new position in shares of ALPS Sector Dividend Dogs ETF in the fourth quarter worth approximately $47,000.

About ALPS Sector Dividend Dogs ETF

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.