EverSource Wealth Advisors LLC Lowers Position in Timothy Plan High Dividend Stock ETF $TPHD

EverSource Wealth Advisors LLC cut its position in shares of Timothy Plan High Dividend Stock ETF (NYSEARCA:TPHD) by 33.2% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 51,201 shares of the company’s stock after selling 25,487 shares during the quarter. EverSource Wealth Advisors LLC owned about 0.63% of Timothy Plan High Dividend Stock ETF worth $2,014,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in TPHD. Goldman Sachs Group Inc. purchased a new position in Timothy Plan High Dividend Stock ETF during the first quarter valued at $1,564,000. Jane Street Group LLC increased its stake in shares of Timothy Plan High Dividend Stock ETF by 4.5% in the 1st quarter. Jane Street Group LLC now owns 6,605 shares of the company’s stock worth $248,000 after acquiring an additional 285 shares in the last quarter. Atria Investments Inc lifted its position in Timothy Plan High Dividend Stock ETF by 7.9% during the 2nd quarter. Atria Investments Inc now owns 45,362 shares of the company’s stock valued at $1,715,000 after acquiring an additional 3,329 shares during the period. Optivise Advisory Services LLC boosted its stake in Timothy Plan High Dividend Stock ETF by 7.9% during the second quarter. Optivise Advisory Services LLC now owns 8,920 shares of the company’s stock worth $337,000 after acquiring an additional 655 shares in the last quarter. Finally, Christian Investment Advisors Inc. grew its holdings in Timothy Plan High Dividend Stock ETF by 3,368.2% in the second quarter. Christian Investment Advisors Inc. now owns 555,613 shares of the company’s stock worth $21,002,000 after purchasing an additional 539,593 shares during the period.

Timothy Plan High Dividend Stock ETF Stock Performance

Shares of NYSEARCA TPHD opened at $42.77 on Wednesday. The company has a 50 day simple moving average of $40.39 and a two-hundred day simple moving average of $39.31. Timothy Plan High Dividend Stock ETF has a fifty-two week low of $32.60 and a fifty-two week high of $43.00. The company has a market capitalization of $348.58 million, a price-to-earnings ratio of 18.95 and a beta of 0.83.

Timothy Plan High Dividend Stock ETF Increases Dividend

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

Timothy Plan High Dividend Stock ETF 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.