WorthPointe LLC Acquires New Holdings in Timothy Plan High Dividend Stock ETF $TPHD

WorthPointe LLC acquired a new stake in Timothy Plan High Dividend Stock ETF (NYSEARCA:TPHD) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 69,501 shares of the company’s stock, valued at approximately $2,678,000. Timothy Plan High Dividend Stock ETF accounts for about 0.7% of WorthPointe LLC’s holdings, making the stock its 25th biggest position.

Other hedge funds have also recently bought and sold shares of the company. PNC Financial Services Group Inc. lifted its position in Timothy Plan High Dividend Stock ETF by 2,444.8% in the 3rd quarter. PNC Financial Services Group Inc. now owns 16,287 shares of the company’s stock valued at $641,000 after purchasing an additional 15,647 shares during the last quarter. Focus Partners Advisor Solutions LLC bought a new stake in Timothy Plan High Dividend Stock ETF in the 3rd quarter valued at about $1,715,000. Family Wealth Partners LLC bought a new stake in Timothy Plan High Dividend Stock ETF in the 3rd quarter valued at about $467,000. Verus Capital Partners LLC bought a new stake in Timothy Plan High Dividend Stock ETF in the 3rd quarter valued at about $485,000. Finally, First Heartland Consultants Inc. lifted its position in Timothy Plan High Dividend Stock ETF by 51.0% in the 4th quarter. First Heartland Consultants Inc. now owns 54,810 shares of the company’s stock valued at $2,112,000 after purchasing an additional 18,500 shares during the last quarter.

Timothy Plan High Dividend Stock ETF Stock Down 0.6%

Shares of NYSEARCA:TPHD opened at $41.48 on Thursday. The company has a market cap of $344.28 million, a PE ratio of 18.95 and a beta of 0.80. The company’s 50-day moving average price is $41.87 and its 200 day moving average price is $40.00. Timothy Plan High Dividend Stock ETF has a fifty-two week low of $34.28 and a fifty-two week high of $43.28.

Timothy Plan High Dividend Stock ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, February 10th. Shareholders of record on Monday, February 9th were given a dividend of $0.0378 per share. This is a positive change from Timothy Plan High Dividend Stock ETF’s previous monthly dividend of $0.03. The ex-dividend date 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.