Brookstone Capital Management Makes New Investment in Timothy Plan High Dividend Stock ETF (NYSEARCA:TPHD)

Brookstone Capital Management acquired a new stake in shares of Timothy Plan High Dividend Stock ETF (NYSEARCA:TPHD) during the 1st quarter, Holdings Channel.com reports. The firm acquired 5,854 shares of the company’s stock, valued at approximately $212,000.

Several other institutional investors have also modified their holdings of the business. Silver Oak Securities Incorporated bought a new position in Timothy Plan High Dividend Stock ETF in the third quarter valued at approximately $50,000. OneAscent Financial Services LLC lifted its position in Timothy Plan High Dividend Stock ETF by 26.6% in the 4th quarter. OneAscent Financial Services LLC now owns 360,447 shares of the company’s stock valued at $11,937,000 after acquiring an additional 75,829 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its stake in Timothy Plan High Dividend Stock ETF by 4.6% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 46,530 shares of the company’s stock worth $1,541,000 after purchasing an additional 2,066 shares during the period. Symphony Financial Ltd. Co. bought a new position in Timothy Plan High Dividend Stock ETF during the 4th quarter worth about $223,000. Finally, LVZ Inc. raised its stake in shares of Timothy Plan High Dividend Stock ETF by 1.5% in the 4th quarter. LVZ Inc. now owns 64,012 shares of the company’s stock valued at $2,120,000 after purchasing an additional 962 shares during the period.

Timothy Plan High Dividend Stock ETF Price Performance

Shares of Timothy Plan High Dividend Stock ETF stock opened at $34.90 on Thursday. The firm has a market cap of $228.58 million, a price-to-earnings ratio of 16.38 and a beta of 0.70. The stock’s 50-day moving average is $35.28 and its 200-day moving average is $34.41. Timothy Plan High Dividend Stock ETF has a one year low of $29.44 and a one year high of $36.39.

Timothy Plan High Dividend Stock ETF Profile

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.