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

ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) shares saw unusually-high trading volume on Tuesday . 115,909 shares changed hands during mid-day trading, an increase of 172% from the previous session’s volume of 42,619 shares.The stock last traded at $68.20 and had previously closed at $67.87.

ALPS Sector Dividend Dogs ETF Stock Up 0.5%

The firm has a 50 day moving average of $67.14 and a two-hundred day moving average of $65.02. The firm has a market capitalization of $1.38 billion, a price-to-earnings ratio of 15.06 and a beta of 0.70.

Institutional Investors Weigh In On ALPS Sector Dividend Dogs ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Money Concepts Capital Corp lifted its stake in ALPS Sector Dividend Dogs ETF by 0.6% in the 1st quarter. Money Concepts Capital Corp now owns 35,647 shares of the company’s stock valued at $2,318,000 after purchasing an additional 201 shares during the last quarter. MML Investors Services LLC grew its stake in shares of ALPS Sector Dividend Dogs ETF by 1.1% during the fourth quarter. MML Investors Services LLC now owns 20,540 shares of the company’s stock worth $1,242,000 after buying an additional 229 shares during the last quarter. Stifel Financial Corp grew its stake in shares of ALPS Sector Dividend Dogs ETF by 0.4% during the fourth quarter. Stifel Financial Corp now owns 61,497 shares of the company’s stock worth $3,719,000 after buying an additional 229 shares during the last quarter. Cullen Frost Bankers Inc. increased its holdings in shares of ALPS Sector Dividend Dogs ETF by 26.9% during the fourth quarter. Cullen Frost Bankers Inc. now owns 1,198 shares of the company’s stock worth $72,000 after buying an additional 254 shares in the last quarter. Finally, Sanctuary Advisors LLC increased its holdings in shares of ALPS Sector Dividend Dogs ETF by 2.4% during the fourth quarter. Sanctuary Advisors LLC now owns 13,858 shares of the company’s stock worth $838,000 after buying an additional 319 shares in 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.