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

ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) saw unusually-strong trading volume on Thursday . Approximately 182,028 shares changed hands during 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 Trading Up 0.5 %

The stock has a market capitalization of $1.23 billion, a price-to-earnings ratio of 13.83 and a beta of 0.76. The business has a 50 day simple moving average of $58.75 and a 200-day simple moving average of $57.30.

Institutional Investors Weigh In On ALPS Sector Dividend Dogs ETF

Institutional investors have recently bought and sold shares of the stock. Strategic Financial Concepts LLC increased its stake in ALPS Sector Dividend Dogs ETF by 5,527.7% during 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 last quarter. Raymond James & Associates increased its position in ALPS Sector Dividend Dogs ETF by 11.5% during the 3rd quarter. Raymond James & Associates now owns 142,681 shares of the company’s stock worth $8,414,000 after purchasing an additional 14,678 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of ALPS Sector Dividend Dogs ETF by 926.6% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 79,152 shares of the company’s stock worth $4,668,000 after acquiring an additional 71,442 shares in the last quarter. Meridian Wealth Management LLC increased its holdings in ALPS Sector Dividend Dogs ETF by 6.5% in the 3rd quarter. Meridian Wealth Management LLC now owns 47,442 shares of the company’s stock valued at $2,798,000 after purchasing an additional 2,892 shares in the last quarter. Finally, Rockefeller Capital Management L.P. raised its position in ALPS Sector Dividend Dogs ETF by 1.0% in the third 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.

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.