Financial Advocates Investment Management Sells 1,504 Shares of Timothy Plan High Dividend Stock ETF (NYSEARCA:TPHD)

Financial Advocates Investment Management reduced its position in shares of Timothy Plan High Dividend Stock ETF (NYSEARCA:TPHD) by 2.9% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 50,081 shares of the company’s stock after selling 1,504 shares during the quarter. Financial Advocates Investment Management’s holdings in Timothy Plan High Dividend Stock ETF were worth $1,821,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. Dynamic Advisor Solutions LLC increased its position in shares of Timothy Plan High Dividend Stock ETF by 29.7% in the third quarter. Dynamic Advisor Solutions LLC now owns 9,914 shares of the company’s stock valued at $374,000 after acquiring an additional 2,268 shares during the period. O Connor Financial Group LLC raised its holdings in shares of Timothy Plan High Dividend Stock ETF by 0.9% during the third quarter. O Connor Financial Group LLC now owns 109,342 shares of the company’s stock valued at $4,122,000 after acquiring an additional 947 shares in the last quarter. CWM LLC lifted its stake in Timothy Plan High Dividend Stock ETF by 27.6% in the third quarter. CWM LLC now owns 128,917 shares of the company’s stock worth $4,860,000 after acquiring an additional 27,860 shares during the period. Inspire Advisors LLC boosted its holdings in Timothy Plan High Dividend Stock ETF by 330.8% in the third quarter. Inspire Advisors LLC now owns 56,916 shares of the company’s stock valued at $2,146,000 after acquiring an additional 43,704 shares in the last quarter. Finally, Moneywise Inc. increased its position in Timothy Plan High Dividend Stock ETF by 15.2% during the 3rd quarter. Moneywise Inc. now owns 48,028 shares of the company’s stock valued at $1,811,000 after purchasing an additional 6,319 shares during the period.

Timothy Plan High Dividend Stock ETF Trading Down 0.6 %

NYSEARCA:TPHD opened at $37.19 on Friday. The company has a 50-day moving average price of $37.34 and a 200-day moving average price of $37.26. The stock has a market cap of $243.59 million, a price-to-earnings ratio of 16.38 and a beta of 0.70. Timothy Plan High Dividend Stock ETF has a 12 month low of $32.44 and a 12 month high of $39.66.

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.