ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) Hits New 1-Year High – Time to Buy?

Shares of ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) hit a new 52-week high during trading on Wednesday . The company traded as high as $60.93 and last traded at $61.1660, with a volume of 16308 shares traded. The stock had previously closed at $60.31.

ALPS Sector Dividend Dogs ETF Price Performance

The company has a market capitalization of $1.27 billion, a price-to-earnings ratio of 15.06 and a beta of 0.82. The business has a fifty day moving average price of $59.58 and a 200 day moving average price of $58.89.

Institutional Trading of ALPS Sector Dividend Dogs ETF

A number of hedge funds have recently bought and sold shares of the stock. IFP Advisors Inc increased its holdings in shares of ALPS Sector Dividend Dogs ETF by 2,135.4% during the 3rd quarter. IFP Advisors Inc now owns 11,177 shares of the company’s stock worth $673,000 after purchasing an additional 10,677 shares during the period. CIBC Bancorp USA Inc. bought a new stake in shares of ALPS Sector Dividend Dogs ETF in the third quarter valued at about $226,000. NewEdge Advisors LLC grew its position in ALPS Sector Dividend Dogs ETF by 45.8% during the third quarter. NewEdge Advisors LLC now owns 20,500 shares of the company’s stock worth $1,235,000 after buying an additional 6,441 shares in the last quarter. Mariner LLC increased its stake in ALPS Sector Dividend Dogs ETF by 15.3% during the third quarter. Mariner LLC now owns 15,185 shares of the company’s stock valued at $915,000 after acquiring an additional 2,014 shares during the period. Finally, Citadel Advisors LLC increased its stake in ALPS Sector Dividend Dogs ETF by 70.1% during the third quarter. Citadel Advisors LLC now owns 14,328 shares of the company’s stock valued at $863,000 after acquiring an additional 5,907 shares during the period.

About ALPS Sector Dividend Dogs ETF

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.