Gateway Advisory LLC Cuts Holdings in ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG)

Gateway Advisory LLC reduced its position in ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) by 3.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,146 shares of the company’s stock after selling 856 shares during the period. Gateway Advisory LLC owned 0.11% of ALPS Sector Dividend Dogs ETF worth $1,223,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. Steward Partners Investment Advisory LLC grew its position in ALPS Sector Dividend Dogs ETF by 1.3% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 31,115 shares of the company’s stock worth $1,595,000 after acquiring an additional 401 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of ALPS Sector Dividend Dogs ETF by 6.6% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 7,710 shares of the company’s stock worth $407,000 after acquiring an additional 476 shares during the last quarter. Wealthcare Advisory Partners LLC grew its holdings in ALPS Sector Dividend Dogs ETF by 3.6% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 16,223 shares of the company’s stock valued at $875,000 after purchasing an additional 570 shares during the last quarter. J.W. Cole Advisors Inc. grew its holdings in ALPS Sector Dividend Dogs ETF by 9.8% during the 1st quarter. J.W. Cole Advisors Inc. now owns 6,953 shares of the company’s stock valued at $375,000 after purchasing an additional 619 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC raised its position in ALPS Sector Dividend Dogs ETF by 1.1% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 69,817 shares of the company’s stock worth $3,688,000 after purchasing an additional 752 shares during the period.

ALPS Sector Dividend Dogs ETF Price Performance

Shares of NYSEARCA:SDOG opened at $58.34 on Tuesday. The firm has a market capitalization of $1.26 billion, a PE ratio of 13.83 and a beta of 0.76. The business has a 50 day simple moving average of $56.73 and a two-hundred day simple moving average of $54.34. ALPS Sector Dividend Dogs ETF has a 1 year low of $44.36 and a 1 year high of $59.00.

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.