ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) Sees Large Volume Increase – Here’s Why

ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) saw strong trading volume on Thursday . 182,028 shares were traded during mid-day trading, an increase of 273% from the previous session’s volume of 48,793 shares.The stock last traded at $56.87 and had previously closed at $56.51.

ALPS Sector Dividend Dogs ETF Price Performance

The firm’s 50-day moving average is $58.83 and its 200 day moving average is $57.28. The stock has a market cap of $1.23 billion, a price-to-earnings ratio of 13.83 and a beta of 0.76.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. J.W. Cole Advisors Inc. boosted its holdings in ALPS Sector Dividend Dogs ETF by 2.9% in the third quarter. J.W. Cole Advisors Inc. now owns 6,611 shares of the company’s stock worth $390,000 after purchasing an additional 188 shares during the period. Creative Planning grew its holdings in shares of ALPS Sector Dividend Dogs ETF by 1.4% during the second quarter. Creative Planning now owns 16,045 shares of the company’s stock valued at $848,000 after purchasing an additional 227 shares during the last quarter. Apollon Wealth Management LLC lifted its holdings in shares of ALPS Sector Dividend Dogs ETF by 1.0% in the 3rd quarter. Apollon Wealth Management LLC now owns 31,328 shares of the company’s stock worth $1,847,000 after purchasing an additional 322 shares during the last quarter. Rockefeller Capital Management L.P. boosted its position in ALPS Sector Dividend Dogs ETF by 1.0% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 43,591 shares of the company’s stock valued at $2,571,000 after purchasing an additional 422 shares during the period. Finally, First Heartland Consultants Inc. grew its stake in ALPS Sector Dividend Dogs ETF by 10.5% during the 3rd quarter. First Heartland Consultants Inc. now owns 4,540 shares of the company’s stock worth $268,000 after buying an additional 430 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.