ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) Reaches New 52-Week High – Still a Buy?

ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG)’s stock price reached a new 52-week high during trading on Thursday . The company traded as high as $74.73 and last traded at $74.25, with a volume of 25158 shares. The stock had previously closed at $73.55.

ALPS Sector Dividend Dogs ETF Trading Up 0.4%

The firm has a market cap of $1.46 billion, a price-to-earnings ratio of 15.06 and a beta of 0.70. The firm’s 50 day simple moving average is $70.90 and its two-hundred day simple moving average is $67.92.

Institutional Investors Weigh In On ALPS Sector Dividend Dogs ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Del Sette Capital Management LLC grew its position in ALPS Sector Dividend Dogs ETF by 401.3% during the first quarter. Del Sette Capital Management LLC now owns 281,064 shares of the company’s stock worth $18,279,000 after buying an additional 224,994 shares in the last quarter. Bank of America Corp DE raised its holdings in ALPS Sector Dividend Dogs ETF by 5.1% in the 2nd quarter. Bank of America Corp DE now owns 1,511,488 shares of the company’s stock valued at $86,878,000 after acquiring an additional 73,524 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in ALPS Sector Dividend Dogs ETF by 89.8% in the 4th quarter. Goldman Sachs Group Inc. now owns 139,664 shares of the company’s stock valued at $8,445,000 after acquiring an additional 66,078 shares in the last quarter. IFP Advisors Inc lifted its position in shares of ALPS Sector Dividend Dogs ETF by 461.4% during the 4th quarter. IFP Advisors Inc now owns 62,745 shares of the company’s stock valued at $3,794,000 after acquiring an additional 51,568 shares during the period. Finally, Sanctuary Advisors LLC lifted its position 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 valued at $3,139,000 after acquiring an additional 34,409 shares during the period.

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.