Christian Investment Advisors Inc. Has $16.96 Million Stock Holdings in Timothy Plan High Dividend Stock ETF $TPHD

Christian Investment Advisors Inc. decreased its position in shares of Timothy Plan High Dividend Stock ETF (NYSEARCA:TPHD) by 22.4% during the third quarter, Holdings Channel.com reports. The institutional investor owned 431,032 shares of the company’s stock after selling 124,581 shares during the quarter. Timothy Plan High Dividend Stock ETF makes up approximately 13.6% of Christian Investment Advisors Inc.’s portfolio, making the stock its 3rd biggest position. Christian Investment Advisors Inc. owned approximately 0.05% of Timothy Plan High Dividend Stock ETF worth $16,955,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Jane Street Group LLC grew its holdings in Timothy Plan High Dividend Stock ETF by 4.5% during the 1st quarter. Jane Street Group LLC now owns 6,605 shares of the company’s stock worth $248,000 after acquiring an additional 285 shares in the last quarter. OneAscent Wealth Management LLC lifted its position in shares of Timothy Plan High Dividend Stock ETF by 1.0% in the 3rd quarter. OneAscent Wealth Management LLC now owns 34,303 shares of the company’s stock worth $1,349,000 after purchasing an additional 326 shares during the period. Mosaic Family Wealth Partners LLC boosted its stake in shares of Timothy Plan High Dividend Stock ETF by 2.3% during the second quarter. Mosaic Family Wealth Partners LLC now owns 20,480 shares of the company’s stock valued at $774,000 after purchasing an additional 462 shares in the last quarter. Raymond James Financial Inc. increased its holdings in Timothy Plan High Dividend Stock ETF by 0.8% during the second quarter. Raymond James Financial Inc. now owns 59,904 shares of the company’s stock valued at $2,264,000 after buying an additional 481 shares during the period. Finally, Financial Advocates Investment Management increased its holdings in Timothy Plan High Dividend Stock ETF by 1.1% during the second quarter. Financial Advocates Investment Management now owns 51,410 shares of the company’s stock valued at $1,943,000 after buying an additional 582 shares during the period.

Timothy Plan High Dividend Stock ETF Stock Up 0.2%

Shares of NYSEARCA:TPHD opened at $40.58 on Monday. The firm has a 50 day moving average of $39.22 and a 200 day moving average of $38.87. The company has a market capitalization of $330.73 million, a price-to-earnings ratio of 18.95 and a beta of 0.83. Timothy Plan High Dividend Stock ETF has a 52 week low of $32.60 and a 52 week high of $40.90.

Timothy Plan High Dividend Stock ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, January 9th. Investors of record on Thursday, January 8th were paid a dividend of $0.0287 per share. This represents a c) dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Thursday, January 8th.

Timothy Plan High Dividend Stock ETF Company Profile

The Timothy Plan High Dividend Stock ETF (TPHD) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a volatility-weighted index of US high dividend large-caps screened for Christian values. TPHD was launched on Apr 29, 2019 and is managed by Timothy.