ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) Sets New 52-Week High – Here’s Why

ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG)’s share price reached a new 52-week high on Tuesday . The stock traded as high as $61.93 and last traded at $61.8760, with a volume of 19901 shares changing hands. The stock had previously closed at $61.38.

ALPS Sector Dividend Dogs ETF Stock Up 1.0%

The business has a fifty day moving average price of $60.02 and a 200-day moving average price of $59.42. The company has a market cap of $1.29 billion, a P/E ratio of 15.06 and a beta of 0.82.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Ameritas Advisory Services LLC bought a new position in ALPS Sector Dividend Dogs ETF during the 2nd quarter worth $39,000. Cullen Frost Bankers Inc. bought a new stake in shares of ALPS Sector Dividend Dogs ETF in the third quarter valued at about $57,000. Heartwood Wealth Advisors LLC acquired a new position in shares of ALPS Sector Dividend Dogs ETF in the third quarter valued at about $60,000. Caldwell Trust Co bought a new position in ALPS Sector Dividend Dogs ETF during the second quarter worth about $60,000. Finally, Tower Research Capital LLC TRC raised its stake in ALPS Sector Dividend Dogs ETF by 24.7% in the 2nd 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.

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.