Strategic Equity Management Grows Position in Timothy Plan High Dividend Stock ETF (NYSEARCA:TPHD)

Strategic Equity Management boosted its stake in shares of Timothy Plan High Dividend Stock ETF (NYSEARCA:TPHD) by 22.5% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 158,769 shares of the company’s stock after purchasing an additional 29,200 shares during the period. Timothy Plan High Dividend Stock ETF comprises about 2.5% of Strategic Equity Management’s investment portfolio, making the stock its 14th biggest position. Strategic Equity Management owned approximately 2.44% of Timothy Plan High Dividend Stock ETF worth $5,973,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Mascagni Wealth Management Inc. bought a new stake in Timothy Plan High Dividend Stock ETF during the fourth quarter valued at about $56,000. Midwest Capital Advisors LLC bought a new stake in Timothy Plan High Dividend Stock ETF during the fourth quarter valued at about $65,000. Centricity Wealth Management LLC bought a new stake in Timothy Plan High Dividend Stock ETF during the fourth quarter valued at about $77,000. Harbour Investments Inc. raised its holdings in Timothy Plan High Dividend Stock ETF by 43.0% during the fourth quarter. Harbour Investments Inc. now owns 2,438 shares of the company’s stock valued at $89,000 after acquiring an additional 733 shares during the period. Finally, Jones Financial Companies Lllp raised its holdings in Timothy Plan High Dividend Stock ETF by 98.1% during the fourth quarter. Jones Financial Companies Lllp now owns 3,853 shares of the company’s stock valued at $140,000 after acquiring an additional 1,908 shares during the period.

Timothy Plan High Dividend Stock ETF Stock Up 0.6%

NYSEARCA:TPHD opened at $37.76 on Wednesday. The business’s 50-day simple moving average is $36.12 and its two-hundred day simple moving average is $36.97. The stock has a market cap of $292.64 million, a PE ratio of 18.89 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 $39.66.

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.