ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) Hits New 52-Week High – Here’s What Happened

Shares of ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) reached a new 52-week high during trading on Wednesday . The company traded as high as $63.69 and last traded at $63.5240, with a volume of 14783 shares. The stock had previously closed at $63.27.

ALPS Sector Dividend Dogs ETF Trading Up 0.9%

The company has a market capitalization of $1.32 billion, a PE ratio of 15.06 and a beta of 0.82. The stock’s 50-day moving average is $61.37 and its two-hundred day moving average is $59.99.

Institutional Investors Weigh In On ALPS Sector Dividend Dogs ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Royal Bank of Canada grew its position in ALPS Sector Dividend Dogs ETF by 0.5% in the 1st quarter. Royal Bank of Canada now owns 153,654 shares of the company’s stock valued at $8,927,000 after acquiring an additional 749 shares during the last quarter. NewEdge Advisors LLC boosted its stake in shares of ALPS Sector Dividend Dogs ETF by 13.4% during the first quarter. NewEdge Advisors LLC now owns 5,104 shares of the company’s stock valued at $297,000 after purchasing an additional 605 shares during the period. Goldman Sachs Group Inc. grew its holdings in shares of ALPS Sector Dividend Dogs ETF by 102.3% in the first quarter. Goldman Sachs Group Inc. now owns 56,923 shares of the company’s stock worth $3,307,000 after purchasing an additional 28,785 shares during the last quarter. Ameritas Advisory Services LLC purchased a new position in ALPS Sector Dividend Dogs ETF in the 2nd quarter worth about $39,000. Finally, GGM Financials LLC purchased a new position in ALPS Sector Dividend Dogs ETF in the 2nd quarter worth about $356,000.

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.