ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) Stock Falls 0.9% – Here’s Why

Shares of ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) were down 0.9% during trading on Tuesday. The company traded as low as $73.02 and last traded at $73.22. Approximately 23,944 shares traded hands during mid-day trading, a decline of 38% from the average session volume of 38,845 shares. The stock had previously closed at $73.86.

ALPS Sector Dividend Dogs ETF Stock Performance

The stock’s 50 day simple moving average is $71.29 and its two-hundred day simple moving average is $68.54. The firm has a market capitalization of $1.45 billion, a PE ratio of 15.06 and a beta of 0.71.

Hedge Funds Weigh In On ALPS Sector Dividend Dogs ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Arkadios Wealth Advisors acquired a new stake in shares of ALPS Sector Dividend Dogs ETF in the 1st quarter worth $538,000. Sanctuary Advisors LLC raised its holdings in shares of ALPS Sector Dividend Dogs ETF by 248.3% during the 1st quarter. Sanctuary Advisors LLC now owns 48,267 shares of the company’s stock worth $3,139,000 after acquiring an additional 34,409 shares during the period. A. D. Beadell Investment Counsel Inc. purchased a new position in shares of ALPS Sector Dividend Dogs ETF during the 2nd quarter worth $1,128,000. Del Sette Capital Management LLC boosted its position in shares of ALPS Sector Dividend Dogs ETF by 401.3% during the 1st quarter. Del Sette Capital Management LLC now owns 281,064 shares of the company’s stock valued at $18,279,000 after acquiring an additional 224,994 shares during the last quarter. Finally, Sterling Investment Advisors Ltd. acquired a new position in shares of ALPS Sector Dividend Dogs ETF during the 2nd quarter valued at about $8,818,000.

ALPS Sector Dividend Dogs ETF Company Profile

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.