ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) Sets New 1-Year High – Here’s Why

ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as $68.24 and last traded at $68.11, with a volume of 5760 shares traded. The stock had previously closed at $68.01.

ALPS Sector Dividend Dogs ETF Price Performance

The company’s 50 day moving average price is $65.60 and its two-hundred day moving average price is $63.72. The stock has a market capitalization of $1.38 billion, a PE ratio of 15.06 and a beta of 0.70.

Hedge Funds Weigh In On ALPS Sector Dividend Dogs ETF

Several hedge funds and other institutional investors have recently modified their holdings of SDOG. Arax Advisory Partners purchased a new position in shares of ALPS Sector Dividend Dogs ETF in the fourth quarter worth about $33,000. Phillip James Consulting Co. purchased a new position in shares of ALPS Sector Dividend Dogs ETF in the first quarter worth about $36,000. SOA Wealth Advisors LLC. lifted its stake in shares of ALPS Sector Dividend Dogs ETF by 258.1% in the first quarter. SOA Wealth Advisors LLC. now owns 555 shares of the company’s stock worth $36,000 after buying an additional 400 shares in the last quarter. Farther Finance Advisors LLC purchased a new position in shares of ALPS Sector Dividend Dogs ETF in the fourth quarter worth about $47,000. Finally, Cullen Frost Bankers Inc. acquired a new stake in shares of ALPS Sector Dividend Dogs ETF in the 3rd quarter worth $57,000.

About ALPS Sector Dividend Dogs ETF

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.