ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) Sees Unusually-High Trading Volume – Time to Buy?

Shares of ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) saw unusually-strong trading volume on Thursday . Approximately 181,126 shares changed hands during trading, an increase of 310% from the previous session’s volume of 44,145 shares.The stock last traded at $69.80 and had previously closed at $69.29.

ALPS Sector Dividend Dogs ETF Stock Up 0.8%

The stock has a market capitalization of $1.35 billion, a P/E ratio of 15.06 and a beta of 0.70. The business’s 50 day simple moving average is $67.93 and its two-hundred day simple moving average is $65.71.

Institutional Trading of ALPS Sector Dividend Dogs ETF

Hedge funds have recently bought and sold shares of the business. Bank of America Corp DE lifted its stake in ALPS Sector Dividend Dogs ETF by 5.1% in the second quarter. Bank of America Corp DE now owns 1,511,488 shares of the company’s stock valued at $86,878,000 after purchasing an additional 73,524 shares during the last quarter. Wells Fargo & Company MN raised its stake in shares of ALPS Sector Dividend Dogs ETF by 2.3% in the fourth quarter. Wells Fargo & Company MN now owns 656,805 shares of the company’s stock valued at $39,717,000 after buying an additional 14,621 shares during the period. Raymond James Financial Inc. raised its stake in shares of ALPS Sector Dividend Dogs ETF by 3.3% in the second quarter. Raymond James Financial Inc. now owns 302,057 shares of the company’s stock valued at $17,362,000 after buying an additional 9,536 shares during the period. Del Sette Capital Management LLC lifted 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 buying an additional 224,994 shares during the last quarter. Finally, LPL Financial LLC lifted its position in shares of ALPS Sector Dividend Dogs ETF by 2.9% during the 4th quarter. LPL Financial LLC now owns 272,503 shares of the company’s stock valued at $16,478,000 after buying an additional 7,701 shares during the last quarter.

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.