OneAscent Financial Services LLC Sells 123,016 Shares of Timothy Plan High Dividend Stock ETF $TPHD

OneAscent Financial Services LLC lowered its position in Timothy Plan High Dividend Stock ETF (NYSEARCA:TPHD) by 75.4% during the third quarter, HoldingsChannel reports. The institutional investor owned 40,155 shares of the company’s stock after selling 123,016 shares during the period. OneAscent Financial Services LLC’s holdings in Timothy Plan High Dividend Stock ETF were worth $1,579,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Christian Investment Advisors Inc. increased its stake in shares of Timothy Plan High Dividend Stock ETF by 3,368.2% during the 2nd quarter. Christian Investment Advisors Inc. now owns 555,613 shares of the company’s stock worth $21,002,000 after purchasing an additional 539,593 shares during the last quarter. CWM LLC boosted its holdings in Timothy Plan High Dividend Stock ETF by 2.7% in the second quarter. CWM LLC now owns 166,396 shares of the company’s stock worth $6,290,000 after purchasing an additional 4,327 shares in the last quarter. Inspire Advisors LLC increased its position in Timothy Plan High Dividend Stock ETF by 28.3% during the second quarter. Inspire Advisors LLC now owns 99,347 shares of the company’s stock worth $3,755,000 after buying an additional 21,906 shares during the last quarter. Bare Financial Services Inc increased its position in Timothy Plan High Dividend Stock ETF by 4.8% during the second quarter. Bare Financial Services Inc now owns 83,620 shares of the company’s stock worth $3,161,000 after buying an additional 3,860 shares during the last quarter. Finally, Raymond James Financial Inc. raised its holdings in Timothy Plan High Dividend Stock ETF by 0.8% during the second quarter. Raymond James Financial Inc. now owns 59,904 shares of the company’s stock valued at $2,264,000 after buying an additional 481 shares in the last quarter.

Timothy Plan High Dividend Stock ETF Price Performance

Shares of NYSEARCA:TPHD opened at $38.96 on Tuesday. The stock has a market capitalization of $319.47 million, a P/E ratio of 18.95 and a beta of 0.83. The business has a 50-day moving average of $38.53 and a two-hundred day moving average of $38.63. Timothy Plan High Dividend Stock ETF has a fifty-two week low of $32.60 and a fifty-two week high of $39.67.

Timothy Plan High Dividend Stock ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, December 12th. Shareholders of record on Thursday, December 11th were given a dividend of $0.131 per share. The ex-dividend date of this dividend was Thursday, December 11th. This is an increase from Timothy Plan High Dividend Stock ETF’s previous monthly dividend of $0.03. This represents a c) dividend on an annualized basis and a yield of 4.0%.

Timothy Plan High Dividend Stock ETF Company Profile

The Timothy Plan High Dividend Stock ETF (TPHD) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a volatility-weighted index of US high dividend large-caps screened for Christian values. TPHD was launched on Apr 29, 2019 and is managed by Timothy.