ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) Reaches New 52-Week High – Should You Buy?

ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company 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 has a market capitalization of $1.38 billion, a PE ratio of 15.06 and a beta of 0.70. The stock’s 50 day simple moving average is $65.60 and its 200-day simple moving average is $63.72.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of SDOG. Del Sette Capital Management LLC grew its stake in ALPS Sector Dividend Dogs ETF by 401.3% during the 1st quarter. Del Sette Capital Management LLC now owns 281,064 shares of the company’s stock worth $18,279,000 after purchasing an additional 224,994 shares in the last quarter. Bank of America Corp DE grew its stake in ALPS Sector Dividend Dogs ETF by 5.1% during the 2nd quarter. Bank of America Corp DE now owns 1,511,488 shares of the company’s stock worth $86,878,000 after purchasing an additional 73,524 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in ALPS Sector Dividend Dogs ETF by 89.8% during the 4th quarter. Goldman Sachs Group Inc. now owns 139,664 shares of the company’s stock worth $8,445,000 after purchasing an additional 66,078 shares in the last quarter. IFP Advisors Inc grew its stake in ALPS Sector Dividend Dogs ETF by 461.4% during the 4th quarter. IFP Advisors Inc now owns 62,745 shares of the company’s stock worth $3,794,000 after purchasing an additional 51,568 shares in the last quarter. Finally, Paller Financial Services Inc acquired a new position in ALPS Sector Dividend Dogs ETF during the 4th quarter worth $2,649,000.

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.