ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) Sees Unusually-High Trading Volume – Here’s Why

Shares of ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) saw an uptick in trading volume on Monday . 88,413 shares were traded during mid-day trading, an increase of 132% from the previous session’s volume of 38,030 shares.The stock last traded at $65.08 and had previously closed at $64.86.

ALPS Sector Dividend Dogs ETF Stock Performance

The company’s 50 day moving average price is $64.98 and its 200-day moving average price is $61.74. The company has a market cap of $1.35 billion, a price-to-earnings ratio of 15.06 and a beta of 0.82.

Institutional Investors Weigh In On ALPS Sector Dividend Dogs ETF

Several hedge funds have recently modified their holdings of SDOG. Bank of America Corp DE raised its holdings in 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 buying an additional 73,524 shares during the period. Goldman Sachs Group Inc. increased its position in shares of ALPS Sector Dividend Dogs ETF by 89.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 139,664 shares of the company’s stock worth $8,445,000 after acquiring an additional 66,078 shares in the last quarter. IFP Advisors Inc increased its position in shares of ALPS Sector Dividend Dogs ETF by 461.4% in the fourth quarter. IFP Advisors Inc now owns 62,745 shares of the company’s stock worth $3,794,000 after acquiring an additional 51,568 shares in the last quarter. Paller Financial Services Inc acquired a new stake in shares of ALPS Sector Dividend Dogs ETF during the fourth quarter valued at approximately $2,649,000. Finally, TMB Capital Partners LLC purchased a new stake in shares of ALPS Sector Dividend Dogs ETF in the 4th quarter valued at approximately $2,003,000.

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.