ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) Sees Large Volume Increase – Time to Buy?

ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) saw an uptick in trading volume on Thursday . 181,126 shares were traded during mid-day trading, an increase of 310% from the previous session’s volume of 44,145 shares.The stock last traded at $69.80 and had previously closed at $69.29.

ALPS Sector Dividend Dogs ETF Stock Performance

The firm has a market capitalization of $1.35 billion, a PE ratio of 15.06 and a beta of 0.70. The business’s 50 day moving average is $67.93 and its two-hundred day moving average is $65.71.

Institutional Investors Weigh In On ALPS Sector Dividend Dogs ETF

Several hedge funds have recently bought and sold shares of SDOG. Royal Bank of Canada grew its stake in ALPS Sector Dividend Dogs ETF by 0.5% in the 1st quarter. Royal Bank of Canada now owns 153,654 shares of the company’s stock worth $8,927,000 after buying an additional 749 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in shares of ALPS Sector Dividend Dogs ETF by 13.4% during the 1st quarter. NewEdge Advisors LLC now owns 5,104 shares of the company’s stock worth $297,000 after acquiring an additional 605 shares during the last quarter. Goldman Sachs Group Inc. grew its position in ALPS Sector Dividend Dogs ETF by 102.3% in the first quarter. Goldman Sachs Group Inc. now owns 56,923 shares of the company’s stock worth $3,307,000 after acquiring an additional 28,785 shares in the last quarter. Raymond James Financial Inc. grew its position in ALPS Sector Dividend Dogs ETF by 3.3% in the second quarter. Raymond James Financial Inc. now owns 302,057 shares of the company’s stock worth $17,362,000 after acquiring an additional 9,536 shares in the last quarter. Finally, Bank of America Corp DE increased its stake in ALPS Sector Dividend Dogs ETF by 5.1% in the second quarter. Bank of America Corp DE now owns 1,511,488 shares of the company’s stock valued at $86,878,000 after acquiring an additional 73,524 shares during the last quarter.

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.