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

ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) shares saw strong trading volume on Tuesday . 59,720 shares changed hands during mid-day trading, an increase of 39% from the previous session’s volume of 42,840 shares.The stock last traded at $71.27 and had previously closed at $71.75.

ALPS Sector Dividend Dogs ETF Stock Performance

The stock has a market cap of $1.42 billion, a PE ratio of 15.06 and a beta of 0.70. The company has a 50 day moving average of $69.64 and a two-hundred day moving average of $66.99.

Hedge Funds Weigh In On ALPS Sector Dividend Dogs ETF

A number of large investors have recently added to or reduced their stakes in SDOG. Bank of America Corp DE raised its position in shares of ALPS Sector Dividend Dogs ETF by 5.1% during the 2nd quarter. Bank of America Corp DE now owns 1,511,488 shares of the company’s stock worth $86,878,000 after purchasing an additional 73,524 shares during the last quarter. Wells Fargo & Company MN raised its stake in ALPS Sector Dividend Dogs ETF by 2.3% in the 4th quarter. Wells Fargo & Company MN now owns 656,805 shares of the company’s stock valued at $39,717,000 after purchasing an additional 14,621 shares during the last quarter. Raymond James Financial Inc. boosted its stake in ALPS Sector Dividend Dogs ETF by 3.3% during the 2nd quarter. Raymond James Financial Inc. now owns 302,057 shares of the company’s stock worth $17,362,000 after purchasing an additional 9,536 shares during the last quarter. Del Sette Capital Management LLC lifted its stake in shares of ALPS Sector Dividend Dogs ETF by 401.3% in the first quarter. Del Sette Capital Management LLC now owns 281,064 shares of the company’s stock worth $18,279,000 after buying an additional 224,994 shares in the last quarter. Finally, LPL Financial LLC grew its stake in ALPS Sector Dividend Dogs ETF by 2.9% during the 4th quarter. LPL Financial LLC now owns 272,503 shares of the company’s stock valued at $16,478,000 after acquiring an additional 7,701 shares in the last quarter.

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.