PNC Financial Services Group Inc. Purchases 15,647 Shares of Timothy Plan High Dividend Stock ETF $TPHD

PNC Financial Services Group Inc. lifted its position in shares of Timothy Plan High Dividend Stock ETF (NYSEARCA:TPHD) by 2,444.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 16,287 shares of the company’s stock after purchasing an additional 15,647 shares during the period. PNC Financial Services Group Inc. owned 0.20% of Timothy Plan High Dividend Stock ETF worth $641,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Goldman Sachs Group Inc. bought a new stake in Timothy Plan High Dividend Stock ETF in the 1st quarter worth about $1,564,000. Jane Street Group LLC boosted its stake in shares of Timothy Plan High Dividend Stock ETF by 4.5% in the 1st quarter. Jane Street Group LLC now owns 6,605 shares of the company’s stock worth $248,000 after buying an additional 285 shares during the last quarter. Atria Investments Inc grew its holdings in shares of Timothy Plan High Dividend Stock ETF by 7.9% in the second quarter. Atria Investments Inc now owns 45,362 shares of the company’s stock valued at $1,715,000 after acquiring an additional 3,329 shares in the last quarter. Optivise Advisory Services LLC increased its position in shares of Timothy Plan High Dividend Stock ETF by 7.9% during the second quarter. Optivise Advisory Services LLC now owns 8,920 shares of the company’s stock valued at $337,000 after acquiring an additional 655 shares during the last quarter. Finally, Christian Investment Advisors Inc. increased its position in shares of Timothy Plan High Dividend Stock ETF by 3,368.2% during the second quarter. Christian Investment Advisors Inc. now owns 555,613 shares of the company’s stock valued at $21,002,000 after acquiring an additional 539,593 shares during the last quarter.

Timothy Plan High Dividend Stock ETF Trading Up 0.6%

Shares of Timothy Plan High Dividend Stock ETF stock opened at $42.83 on Friday. The business’s fifty day simple moving average is $40.55 and its 200 day simple moving average is $39.35. Timothy Plan High Dividend Stock ETF has a 12 month low of $32.60 and a 12 month high of $43.00. The firm has a market capitalization of $349.06 million, a P/E ratio of 18.95 and a beta of 0.83.

Timothy Plan High Dividend Stock ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, February 10th. Investors of record on Monday, February 9th were issued a $0.0378 dividend. This is an increase from Timothy Plan High Dividend Stock ETF’s previous monthly dividend of $0.03. The ex-dividend date of this dividend was Monday, February 9th. This represents a c) dividend on an annualized basis and a dividend yield of 1.1%.

About Timothy Plan High Dividend Stock ETF

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.