Raymond James & Associates Has $8.41 Million Position in ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG)

Raymond James & Associates raised its stake in ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) by 11.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 142,681 shares of the company’s stock after buying an additional 14,678 shares during the quarter. Raymond James & Associates owned 0.66% of ALPS Sector Dividend Dogs ETF worth $8,414,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC acquired a new position in shares of ALPS Sector Dividend Dogs ETF in the second quarter worth $589,000. Wealth Enhancement Advisory Services LLC grew its stake in ALPS Sector Dividend Dogs ETF by 6.6% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 7,710 shares of the company’s stock valued at $407,000 after purchasing an additional 476 shares in the last quarter. Transform Wealth LLC acquired a new position in ALPS Sector Dividend Dogs ETF in the 3rd quarter worth about $235,000. Diversify Advisory Services LLC purchased a new stake in shares of ALPS Sector Dividend Dogs ETF during the 2nd quarter worth about $278,000. Finally, Cetera Advisors LLC raised its stake in shares of ALPS Sector Dividend Dogs ETF by 45.3% during the 1st quarter. Cetera Advisors LLC now owns 22,772 shares of the company’s stock worth $1,229,000 after purchasing an additional 7,098 shares in the last quarter.

ALPS Sector Dividend Dogs ETF Stock Performance

Shares of NYSEARCA SDOG opened at $58.40 on Wednesday. The business has a 50 day simple moving average of $58.38 and a 200 day simple moving average of $55.37. ALPS Sector Dividend Dogs ETF has a 52 week low of $44.61 and a 52 week high of $60.22. The stock has a market cap of $1.26 billion, a price-to-earnings ratio of 13.83 and a beta of 0.76.

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.