PNC Financial Services Group Inc. Has $641,000 Position in Timothy Plan High Dividend Stock ETF $TPHD

PNC Financial Services Group Inc. grew its position in Timothy Plan High Dividend Stock ETF (NYSEARCA:TPHD) by 2,444.8% during the 3rd quarter, HoldingsChannel reports. The firm owned 16,287 shares of the company’s stock after purchasing an additional 15,647 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Timothy Plan High Dividend Stock ETF were worth $641,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in TPHD. Northwestern Mutual Wealth Management Co. increased its position in shares of Timothy Plan High Dividend Stock ETF by 522.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,048 shares of the company’s stock valued at $115,000 after buying an additional 2,558 shares in the last quarter. Farther Finance Advisors LLC acquired a new position in Timothy Plan High Dividend Stock ETF in the third quarter valued at about $152,000. Jane Street Group LLC increased its holdings in shares of Timothy Plan High Dividend Stock ETF by 4.5% in the first quarter. Jane Street Group LLC now owns 6,605 shares of the company’s stock worth $248,000 after acquiring an additional 285 shares in the last quarter. LifeWealth Investments LLC acquired a new stake in shares of Timothy Plan High Dividend Stock ETF during the third quarter worth about $279,000. Finally, Foundations Investment Advisors LLC raised its position in shares of Timothy Plan High Dividend Stock ETF by 21.1% during the second quarter. Foundations Investment Advisors LLC now owns 7,275 shares of the company’s stock worth $275,000 after purchasing an additional 1,266 shares during the period.

Timothy Plan High Dividend Stock ETF Stock Performance

Shares of TPHD opened at $42.83 on Friday. The stock has a 50 day simple moving average of $40.55 and a 200 day simple moving average of $39.35. 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 market capitalization of $349.06 million, a PE ratio of 18.95 and a beta of 0.83.

Timothy Plan High Dividend Stock ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, February 10th. Stockholders of record on Monday, February 9th were issued a $0.0378 dividend. This represents a c) annualized dividend and a dividend yield of 1.1%. This is a boost from Timothy Plan High Dividend Stock ETF’s previous monthly dividend of $0.03. The ex-dividend date was Monday, February 9th.

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.