Family Wealth Partners LLC Acquires New Stake in Timothy Plan High Dividend Stock ETF $TPHD

Family Wealth Partners LLC bought a new position in shares of Timothy Plan High Dividend Stock ETF (NYSEARCA:TPHD) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 11,866 shares of the company’s stock, valued at approximately $467,000. Family Wealth Partners LLC owned approximately 0.15% of Timothy Plan High Dividend Stock ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in TPHD. Northwestern Mutual Wealth Management Co. increased its position in shares of Timothy Plan High Dividend Stock ETF by 522.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,048 shares of the company’s stock valued at $115,000 after purchasing an additional 2,558 shares during the period. Farther Finance Advisors LLC bought a new position in Timothy Plan High Dividend Stock ETF during the third quarter valued at about $152,000. Jane Street Group LLC boosted its stake in Timothy Plan High Dividend Stock ETF by 4.5% during the first quarter. Jane Street Group LLC now owns 6,605 shares of the company’s stock valued at $248,000 after buying an additional 285 shares in the last quarter. Foundations Investment Advisors LLC grew its holdings in Timothy Plan High Dividend Stock ETF by 21.1% during the second quarter. Foundations Investment Advisors LLC now owns 7,275 shares of the company’s stock worth $275,000 after acquiring an additional 1,266 shares during the period. Finally, LifeWealth Investments LLC bought a new stake in Timothy Plan High Dividend Stock ETF in the third quarter worth about $279,000.

Timothy Plan High Dividend Stock ETF Trading Up 0.3%

Shares of NYSEARCA TPHD opened at $43.16 on Tuesday. Timothy Plan High Dividend Stock ETF has a twelve month low of $32.60 and a twelve month high of $43.28. The firm has a 50-day moving average of $40.73 and a two-hundred day moving average of $39.43. The company has a market capitalization of $351.75 million, a price-to-earnings ratio of 18.95 and a beta of 0.83.

Timothy Plan High Dividend Stock ETF Increases Dividend

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

Timothy Plan High Dividend Stock ETF 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.