Timothy Plan High Dividend Stock ETF (NYSEARCA:TPHD) Shares Down 0.3% – Should You Sell?

Shares of Timothy Plan High Dividend Stock ETF (NYSEARCA:TPHD) dropped 0.3% on Monday . The company traded as low as $42.45 and last traded at $42.64. Approximately 22,622 shares changed hands during trading, a decline of 14% from the average daily volume of 26,292 shares. The stock had previously closed at $42.75.

Timothy Plan High Dividend Stock ETF Trading Down 0.3%

The stock has a 50 day moving average of $40.31 and a 200-day moving average of $39.27. The company has a market capitalization of $347.52 million, a P/E ratio of 18.95 and a beta of 0.83.

Timothy Plan High Dividend Stock ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, February 10th. Investors of record on Monday, February 9th were paid a dividend of $0.0378 per share. This is a positive change from Timothy Plan High Dividend Stock ETF’s previous monthly dividend of $0.03. The ex-dividend date was Monday, February 9th. This represents a c) dividend on an annualized basis and a dividend yield of 1.1%.

Institutional Investors Weigh In On Timothy Plan High Dividend Stock ETF

A number of institutional investors and hedge funds have recently bought and sold shares of TPHD. Cetera Investment Advisers boosted its stake in Timothy Plan High Dividend Stock ETF by 1.1% during the fourth quarter. Cetera Investment Advisers now owns 58,266 shares of the company’s stock valued at $2,245,000 after buying an additional 652 shares during the last quarter. Kovack Advisors Inc. bought a new position in shares of Timothy Plan High Dividend Stock ETF during the 4th quarter valued at approximately $229,000. Regal Investment Advisors LLC purchased a new position in shares of Timothy Plan High Dividend Stock ETF in the fourth quarter valued at $274,000. Opal Capital LLC purchased a new position in shares of Timothy Plan High Dividend Stock ETF in the fourth quarter valued at $291,000. Finally, Mosaic Family Wealth Partners LLC increased its position in Timothy Plan High Dividend Stock ETF by 4.1% in the fourth quarter. Mosaic Family Wealth Partners LLC now owns 22,966 shares of the company’s stock worth $885,000 after purchasing an additional 904 shares during the last quarter.

Timothy Plan High Dividend Stock ETF Company Profile

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.