Envestnet Asset Management Inc. Has $2.43 Million Stock Position in Timothy Plan High Dividend Stock ETF $TPHD

Envestnet Asset Management Inc. lessened its holdings in Timothy Plan High Dividend Stock ETF (NYSEARCA:TPHD) by 18.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 61,792 shares of the company’s stock after selling 13,537 shares during the quarter. Envestnet Asset Management Inc. owned 0.76% of Timothy Plan High Dividend Stock ETF worth $2,431,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Jane Street Group LLC lifted its position in shares of Timothy Plan High Dividend Stock ETF by 4.5% during the 1st quarter. Jane Street Group LLC now owns 6,605 shares of the company’s stock worth $248,000 after buying an additional 285 shares during the last quarter. OneAscent Wealth Management LLC lifted its holdings in shares of Timothy Plan High Dividend Stock ETF by 1.0% in the third quarter. OneAscent Wealth Management LLC now owns 34,303 shares of the company’s stock worth $1,349,000 after acquiring an additional 326 shares during the last quarter. Mosaic Family Wealth Partners LLC boosted its stake in shares of Timothy Plan High Dividend Stock ETF by 2.3% in the 2nd quarter. Mosaic Family Wealth Partners LLC now owns 20,480 shares of the company’s stock valued at $774,000 after purchasing an additional 462 shares in the last quarter. Raymond James Financial Inc. grew its holdings in shares of Timothy Plan High Dividend Stock ETF by 0.8% during the 2nd quarter. Raymond James Financial Inc. now owns 59,904 shares of the company’s stock valued at $2,264,000 after purchasing an additional 481 shares during the last quarter. Finally, Financial Advocates Investment Management increased its position in Timothy Plan High Dividend Stock ETF by 1.1% during the 2nd quarter. Financial Advocates Investment Management now owns 51,410 shares of the company’s stock worth $1,943,000 after purchasing an additional 582 shares in the last quarter.

Timothy Plan High Dividend Stock ETF Price Performance

Shares of NYSEARCA:TPHD opened at $42.83 on Friday. Timothy Plan High Dividend Stock ETF has a one year low of $32.60 and a one year high of $43.00. The company has a market cap of $349.06 million, a price-to-earnings ratio of 18.95 and a beta of 0.83. The firm has a 50 day simple moving average of $40.55 and a 200 day simple moving average of $39.35.

Timothy Plan High Dividend Stock ETF Increases Dividend

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

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.