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

Shares of ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) hit a new 52-week high during mid-day trading on Monday . The stock 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 firm has a market cap of $1.38 billion, a P/E ratio of 15.06 and a beta of 0.70. The business’s 50-day simple moving average is $68.23 and its 200 day simple moving average is $65.98.

Institutional Trading of ALPS Sector Dividend Dogs ETF

Several large investors have recently modified their holdings of SDOG. Wealthcare Advisory Partners LLC increased its position in ALPS Sector Dividend Dogs ETF by 5.1% during the second quarter. Wealthcare Advisory Partners LLC now owns 5,308 shares of the company’s stock valued at $362,000 after acquiring an additional 257 shares during the last quarter. Allied Private Wealth LLC purchased a new position in ALPS Sector Dividend Dogs ETF in the second quarter worth about $414,000. Western Wealth Management LLC purchased a new position in ALPS Sector Dividend Dogs ETF in the first quarter worth about $152,000. NewEdge Advisors LLC boosted its position in ALPS Sector Dividend Dogs ETF by 3.8% in the first quarter. NewEdge Advisors LLC now owns 22,113 shares of the company’s stock worth $1,438,000 after purchasing an additional 809 shares during the last quarter. Finally, SOA Wealth Advisors LLC. grew its stake in shares of ALPS Sector Dividend Dogs ETF by 258.1% during the 1st quarter. SOA Wealth Advisors LLC. now owns 555 shares of the company’s stock valued at $36,000 after purchasing an additional 400 shares during the period.

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.