ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) Reaches New 12-Month High – What’s Next?

Shares of ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) reached a new 52-week high during trading on Monday . The company traded as high as $70.75 and last traded at $70.70, with a volume of 4459 shares traded. The stock had previously closed at $70.16.

ALPS Sector Dividend Dogs ETF Stock Performance

The business’s 50 day moving average price is $68.09 and its two-hundred day moving average price is $65.84. The company has a market capitalization of $1.37 billion, a price-to-earnings ratio of 15.06 and a beta of 0.70.

Institutional Investors Weigh In On ALPS Sector Dividend Dogs ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Royal Bank of Canada boosted its stake in ALPS Sector Dividend Dogs ETF by 0.5% during the 1st quarter. Royal Bank of Canada now owns 153,654 shares of the company’s stock valued at $8,927,000 after purchasing an additional 749 shares in the last quarter. NewEdge Advisors LLC raised its stake in shares of ALPS Sector Dividend Dogs ETF by 13.4% in the 1st quarter. NewEdge Advisors LLC now owns 5,104 shares of the company’s stock worth $297,000 after buying an additional 605 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of ALPS Sector Dividend Dogs ETF by 102.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 56,923 shares of the company’s stock worth $3,307,000 after buying an additional 28,785 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in shares of ALPS Sector Dividend Dogs ETF by 3.3% in the second quarter. Raymond James Financial Inc. now owns 302,057 shares of the company’s stock valued at $17,362,000 after buying an additional 9,536 shares during the period. Finally, Bank of America Corp DE lifted its holdings in shares of ALPS Sector Dividend Dogs ETF by 5.1% in the second quarter. Bank of America Corp DE now owns 1,511,488 shares of the company’s stock valued at $86,878,000 after buying an additional 73,524 shares during the period.

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.