ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) Sees Strong Trading Volume – Here’s Why

ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) saw unusually-high trading volume on Tuesday. Approximately 137,184 shares changed hands during mid-day trading, an increase of 259% from the previous session’s volume of 38,224 shares. The stock last traded at $69.0950 and had previously closed at $69.12.

ALPS Sector Dividend Dogs ETF Stock Performance

The firm has a 50 day simple moving average of $71.65 and a two-hundred day simple moving average of $69.23. The firm has a market capitalization of $1.37 billion, a P/E ratio of 15.06 and a beta of 0.71.

Institutional Trading of ALPS Sector Dividend Dogs ETF

Several institutional investors have recently made changes to their positions in SDOG. Compass Financial Management LLC bought a new stake in ALPS Sector Dividend Dogs ETF in the 2nd quarter worth about $28,000. Phillip James Consulting Co. purchased a new stake in ALPS Sector Dividend Dogs ETF in the 1st quarter valued at about $36,000. SOA Wealth Advisors LLC. increased its stake in ALPS Sector Dividend Dogs ETF by 258.1% in the 1st quarter. SOA Wealth Advisors LLC. now owns 555 shares of the company’s stock valued at $36,000 after buying an additional 400 shares during the last quarter. Western Wealth Management LLC bought a new position in shares of ALPS Sector Dividend Dogs ETF during the 1st quarter worth approximately $152,000. Finally, Independent Financial Group LLC bought a new position in shares of ALPS Sector Dividend Dogs ETF during the 1st quarter worth approximately $261,000.

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.