ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) Hits New 12-Month High – Still a Buy?

ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG)’s share price hit a new 52-week high during trading on Friday . The stock traded as high as $60.50 and last traded at $60.50, with a volume of 1366 shares trading hands. The stock had previously closed at $60.15.

ALPS Sector Dividend Dogs ETF Stock Up 0.8 %

The firm has a market cap of $1.31 billion, a price-to-earnings ratio of 13.83 and a beta of 0.76. The firm has a 50 day moving average of $58.96 and a 200 day moving average of $56.24.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of SDOG. Prospera Private Wealth LLC acquired a new position in ALPS Sector Dividend Dogs ETF during the 3rd quarter worth approximately $35,000. US Bancorp DE bought a new position in shares of ALPS Sector Dividend Dogs ETF in the 3rd quarter worth $41,000. Rothschild Investment LLC bought a new position in shares of ALPS Sector Dividend Dogs ETF in the 2nd quarter worth $92,000. Transform Wealth LLC acquired a new stake in ALPS Sector Dividend Dogs ETF in the 3rd quarter valued at $235,000. Finally, Strategic Financial Concepts LLC increased its stake in ALPS Sector Dividend Dogs ETF by 5,527.7% during the 2nd quarter. Strategic Financial Concepts LLC now owns 469,913 shares of the company’s stock valued at $248,000 after purchasing an additional 461,563 shares in the last quarter.

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.