ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) Reaches New 1-Year High – Still a Buy?

ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) shares hit a new 52-week high during mid-day trading on Friday . The company traded as high as $60.50 and last traded at $60.50, with a volume of 1366 shares trading hands. The stock had previously closed at $60.15.

ALPS Sector Dividend Dogs ETF Stock Up 1.1 %

The stock has a market capitalization of $1.31 billion, a PE ratio of 13.83 and a beta of 0.76. The stock’s 50 day moving average price is $59.02 and its 200-day moving average price is $56.29.

Institutional Trading of ALPS Sector Dividend Dogs ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Prospera Private Wealth LLC bought a new position in ALPS Sector Dividend Dogs ETF in the third quarter worth approximately $35,000. US Bancorp DE purchased a new position in shares of ALPS Sector Dividend Dogs ETF during the third quarter valued at $41,000. Rothschild Investment LLC purchased a new position in shares of ALPS Sector Dividend Dogs ETF during the second quarter valued at $92,000. Transform Wealth LLC bought a new stake in shares of ALPS Sector Dividend Dogs ETF in the third quarter valued at about $235,000. Finally, Strategic Financial Concepts LLC lifted its stake in ALPS Sector Dividend Dogs ETF by 5,527.7% in the second quarter. Strategic Financial Concepts LLC now owns 469,913 shares of the company’s stock worth $248,000 after acquiring an additional 461,563 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.