Summit Wealth Group LLC Co. Acquires New Stake in Timothy Plan High Dividend Stock ETF $TPHD

Summit Wealth Group LLC Co. acquired a new stake in Timothy Plan High Dividend Stock ETF (NYSEARCA:TPHD) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 12,750 shares of the company’s stock, valued at approximately $491,000. Summit Wealth Group LLC Co. owned about 0.16% of Timothy Plan High Dividend Stock ETF at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. lifted its stake in Timothy Plan High Dividend Stock ETF by 522.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,048 shares of the company’s stock valued at $115,000 after purchasing an additional 2,558 shares during the last quarter. N.E.W. Advisory Services LLC lifted its stake in Timothy Plan High Dividend Stock ETF by 1,871.0% in the fourth quarter. N.E.W. Advisory Services LLC now owns 3,469 shares of the company’s stock valued at $134,000 after purchasing an additional 3,293 shares during the last quarter. Kavar Capital Partners Group LLC purchased a new position in Timothy Plan High Dividend Stock ETF in the fourth quarter valued at approximately $200,000. Mercer Global Advisors Inc. ADV purchased a new position in Timothy Plan High Dividend Stock ETF in the third quarter valued at approximately $205,000. Finally, Farther Finance Advisors LLC lifted its stake in Timothy Plan High Dividend Stock ETF by 59.2% in the fourth quarter. Farther Finance Advisors LLC now owns 6,134 shares of the company’s stock valued at $236,000 after purchasing an additional 2,280 shares during the last quarter.

Timothy Plan High Dividend Stock ETF Trading Down 0.7%

Timothy Plan High Dividend Stock ETF stock opened at $41.11 on Thursday. Timothy Plan High Dividend Stock ETF has a 12 month low of $36.42 and a 12 month high of $43.28. The business’s 50 day simple moving average is $41.60 and its 200 day simple moving average is $40.37. The company has a market cap of $347.38 million, a price-to-earnings ratio of 18.95 and a beta of 0.76.

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.