Focus Partners Advisor Solutions LLC Makes New Investment in Timothy Plan High Dividend Stock ETF $TPHD

Focus Partners Advisor Solutions LLC acquired a new stake in Timothy Plan High Dividend Stock ETF (NYSEARCA:TPHD) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 44,736 shares of the company’s stock, valued at approximately $1,715,000. Focus Partners Advisor Solutions LLC owned approximately 0.55% of Timothy Plan High Dividend Stock ETF as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. raised its stake in Timothy Plan High Dividend Stock ETF by 522.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,048 shares of the company’s stock valued at $115,000 after purchasing an additional 2,558 shares during the period. Farther Finance Advisors LLC purchased a new position in shares of Timothy Plan High Dividend Stock ETF in the third quarter worth $152,000. Jane Street Group LLC boosted its position in shares of Timothy Plan High Dividend Stock ETF by 4.5% during the first quarter. Jane Street Group LLC now owns 6,605 shares of the company’s stock worth $248,000 after acquiring an additional 285 shares during the last quarter. LifeWealth Investments LLC bought a new position in shares of Timothy Plan High Dividend Stock ETF during the third quarter worth $279,000. Finally, Foundations Investment Advisors LLC grew its stake in Timothy Plan High Dividend Stock ETF by 21.1% during the second quarter. Foundations Investment Advisors LLC now owns 7,275 shares of the company’s stock valued at $275,000 after acquiring an additional 1,266 shares in the last quarter.

Timothy Plan High Dividend Stock ETF Stock Performance

Shares of NYSEARCA TPHD opened at $42.31 on Friday. The company has a market cap of $344.83 million, a P/E ratio of 18.95 and a beta of 0.83. Timothy Plan High Dividend Stock ETF has a 52-week low of $32.60 and a 52-week high of $43.28. The firm’s fifty day moving average is $40.96 and its two-hundred day moving average is $39.50.

Timothy Plan High Dividend Stock ETF Increases Dividend

The company also recently declared 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. The ex-dividend date of this dividend was Monday, February 9th. This is a boost 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.