Brookstone Capital Management Purchases Shares of 6,792 Timothy Plan High Dividend Stock ETF (NYSEARCA:TPHD)

Brookstone Capital Management purchased a new stake in shares of Timothy Plan High Dividend Stock ETF (NYSEARCA:TPHD) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund purchased 6,792 shares of the company’s stock, valued at approximately $247,000. Brookstone Capital Management owned about 0.10% of Timothy Plan High Dividend Stock ETF as of its most recent filing with the SEC.

A number of other hedge funds have also added to or reduced their stakes in TPHD. Orion Portfolio Solutions LLC acquired a new position in Timothy Plan High Dividend Stock ETF during the 3rd quarter valued at about $296,000. Dynamic Advisor Solutions LLC boosted its stake in Timothy Plan High Dividend Stock ETF by 29.7% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 9,914 shares of the company’s stock valued at $374,000 after purchasing an additional 2,268 shares during the last quarter. TrueWealth Advisors LLC boosted its stake in Timothy Plan High Dividend Stock ETF by 17.7% during the 3rd quarter. TrueWealth Advisors LLC now owns 13,822 shares of the company’s stock valued at $521,000 after purchasing an additional 2,074 shares during the last quarter. First Heartland Consultants Inc. boosted its stake in Timothy Plan High Dividend Stock ETF by 6.8% during the 3rd quarter. First Heartland Consultants Inc. now owns 33,478 shares of the company’s stock valued at $1,262,000 after purchasing an additional 2,134 shares during the last quarter. Finally, OneAscent Wealth Management LLC acquired a new position in Timothy Plan High Dividend Stock ETF during the 3rd quarter valued at about $1,536,000.

Timothy Plan High Dividend Stock ETF Stock Up 0.4 %

Shares of NYSEARCA TPHD opened at $37.91 on Friday. The stock’s 50 day moving average price is $37.61 and its 200-day moving average price is $37.06. Timothy Plan High Dividend Stock ETF has a twelve month low of $32.19 and a twelve month high of $39.66. The company has a market capitalization of $248.31 million, a PE ratio of 16.38 and a beta of 0.70.

Timothy Plan High Dividend Stock ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, November 8th. Shareholders of record on Thursday, November 7th were given a dividend of $0.0327 per share. The ex-dividend date of this dividend was Thursday, November 7th.

About Timothy Plan High Dividend Stock ETF

The Timothy Plan High Dividend Stock ETF (TPHD) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a volatility-weighted index of US high dividend large-caps screened for Christian values. TPHD was launched on Apr 29, 2019 and is managed by Timothy.