Verus Capital Partners LLC Makes New $485,000 Investment in Timothy Plan High Dividend Stock ETF $TPHD

Verus Capital Partners LLC purchased a new stake in Timothy Plan High Dividend Stock ETF (NYSEARCA:TPHD) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 12,320 shares of the company’s stock, valued at approximately $485,000. Verus Capital Partners LLC owned approximately 0.15% of Timothy Plan High Dividend Stock ETF as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. raised its stake in Timothy Plan High Dividend Stock ETF by 522.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,048 shares of the company’s stock valued at $115,000 after purchasing an additional 2,558 shares in the last quarter. Farther Finance Advisors LLC bought a new position in shares of Timothy Plan High Dividend Stock ETF in the 3rd quarter worth $152,000. Jane Street Group LLC raised its position in shares of Timothy Plan High Dividend Stock ETF by 4.5% during the 1st quarter. Jane Street Group LLC now owns 6,605 shares of the company’s stock valued at $248,000 after buying an additional 285 shares in the last quarter. Foundations Investment Advisors LLC raised its position in shares of Timothy Plan High Dividend Stock ETF by 21.1% during the 2nd quarter. Foundations Investment Advisors LLC now owns 7,275 shares of the company’s stock valued at $275,000 after buying an additional 1,266 shares in the last quarter. Finally, LifeWealth Investments LLC bought a new stake in shares of Timothy Plan High Dividend Stock ETF during the 3rd quarter worth $279,000.

Timothy Plan High Dividend Stock ETF Stock Performance

Shares of NYSEARCA:TPHD opened at $42.77 on Wednesday. The firm has a market capitalization of $348.58 million, a PE ratio of 18.95 and a beta of 0.83. Timothy Plan High Dividend Stock ETF has a 52-week low of $32.60 and a 52-week high of $43.00. The firm has a fifty day moving average of $40.39 and a 200 day moving average of $39.31.

Timothy Plan High Dividend Stock ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, February 10th. Investors of record on Monday, February 9th were given a $0.0378 dividend. This represents a c) dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Monday, February 9th. This is a positive change from Timothy Plan High Dividend Stock ETF’s previous monthly dividend of $0.03.

Timothy Plan High Dividend Stock ETF 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.