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

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 $62.67 and last traded at $62.37, with a volume of 33975 shares. The stock had previously closed at $62.36.

ALPS Sector Dividend Dogs ETF Price Performance

The stock has a market capitalization of $1.29 billion, a P/E ratio of 15.06 and a beta of 0.82. The stock has a 50 day moving average price of $60.29 and a 200-day moving average price of $59.60.

Institutional Investors Weigh In On ALPS Sector Dividend Dogs ETF

A number of institutional investors have recently modified their holdings of SDOG. Ameritas Advisory Services LLC bought a new position in ALPS Sector Dividend Dogs ETF during the 2nd quarter valued at about $39,000. Cullen Frost Bankers Inc. purchased a new position in ALPS Sector Dividend Dogs ETF in the 3rd quarter worth approximately $57,000. Heartwood Wealth Advisors LLC purchased a new position in ALPS Sector Dividend Dogs ETF during the third quarter valued at $60,000. Caldwell Trust Co bought a new position in ALPS Sector Dividend Dogs ETF during the second quarter valued at approximately $60,000. Finally, Tower Research Capital LLC TRC increased its position in ALPS Sector Dividend Dogs ETF by 24.7% in the second 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 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.