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

Shares of ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) reached a new 52-week high on Monday . The company traded as high as $66.50 and last traded at $65.76, with a volume of 27536 shares changing hands. The stock had previously closed at $65.45.

ALPS Sector Dividend Dogs ETF Price Performance

The firm has a market cap of $1.37 billion, a P/E ratio of 15.06 and a beta of 0.82. The company has a fifty day moving average of $62.02 and a 200-day moving average of $60.30.

Institutional Trading of ALPS Sector Dividend Dogs ETF

Several institutional investors and hedge funds have recently made changes to their positions in SDOG. Ameritas Advisory Services LLC bought a new stake in ALPS Sector Dividend Dogs ETF in the 2nd quarter worth about $39,000. Farther Finance Advisors LLC bought a new position in shares of ALPS Sector Dividend Dogs ETF in the fourth quarter valued at approximately $47,000. Cullen Frost Bankers Inc. purchased a new stake in shares of ALPS Sector Dividend Dogs ETF during the third quarter valued at approximately $57,000. Caldwell Trust Co purchased a new stake in shares of ALPS Sector Dividend Dogs ETF during the second quarter valued at approximately $60,000. Finally, Heartwood Wealth Advisors LLC bought a new stake in ALPS Sector Dividend Dogs ETF during the third quarter worth $60,000.

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.