Envestnet Asset Management Inc. Sells 2,354 Shares of ALPS Sector Dividend Dogs ETF $SDOG

Envestnet Asset Management Inc. lessened its stake in shares of ALPS Sector Dividend Dogs ETF (NYSEARCA:SDOG) by 24.3% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,332 shares of the company’s stock after selling 2,354 shares during the quarter. Envestnet Asset Management Inc.’s holdings in ALPS Sector Dividend Dogs ETF were worth $421,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the stock. BKM Wealth Management LLC boosted its holdings in shares of ALPS Sector Dividend Dogs ETF by 2.7% during the 2nd quarter. BKM Wealth Management LLC now owns 10,627 shares of the company’s stock worth $611,000 after buying an additional 277 shares during the period. Concurrent Investment Advisors LLC acquired a new position in ALPS Sector Dividend Dogs ETF during the 2nd quarter worth $834,000. Thompson Investment Management Inc. boosted its holdings in ALPS Sector Dividend Dogs ETF by 282.9% during the second quarter. Thompson Investment Management Inc. now owns 3,829 shares of the company’s stock valued at $220,000 after acquiring an additional 2,829 shares during the period. GGM Financials LLC acquired a new stake in shares of ALPS Sector Dividend Dogs ETF in the second quarter valued at about $356,000. Finally, Ameritas Advisory Services LLC bought a new position in shares of ALPS Sector Dividend Dogs ETF in the second quarter worth about $39,000.

ALPS Sector Dividend Dogs ETF Stock Up 0.8%

Shares of NYSEARCA:SDOG opened at $60.18 on Thursday. The company has a market cap of $1.25 billion, a price-to-earnings ratio of 15.06 and a beta of 0.82. The business has a 50 day moving average price of $59.52 and a 200 day moving average price of $58.65. ALPS Sector Dividend Dogs ETF has a twelve month low of $49.52 and a twelve month high of $61.31.

ALPS Sector Dividend Dogs ETF 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.