Creative Financial Designs Inc. ADV Cuts Stock Holdings in Timothy Plan High Dividend Stock ETF $TPHD

Creative Financial Designs Inc. ADV lowered its stake in shares of Timothy Plan High Dividend Stock ETF (NYSEARCA:TPHD) by 59.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 88,765 shares of the company’s stock after selling 132,795 shares during the quarter. Creative Financial Designs Inc. ADV owned 1.12% of Timothy Plan High Dividend Stock ETF worth $3,355,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of TPHD. Janney Montgomery Scott LLC purchased a new stake in shares of Timothy Plan High Dividend Stock ETF during the first quarter worth $230,000. Holcombe Financial Inc. increased its position in shares of Timothy Plan High Dividend Stock ETF by 6.0% during the first quarter. Holcombe Financial Inc. now owns 6,990 shares of the company’s stock worth $263,000 after acquiring an additional 396 shares during the period. Envestnet Asset Management Inc. increased its position in shares of Timothy Plan High Dividend Stock ETF by 2.6% during the first quarter. Envestnet Asset Management Inc. now owns 75,199 shares of the company’s stock worth $2,829,000 after acquiring an additional 1,885 shares during the period. 49 Wealth Management LLC purchased a new stake in shares of Timothy Plan High Dividend Stock ETF during the first quarter worth $346,000. Finally, CWM LLC increased its position in shares of Timothy Plan High Dividend Stock ETF by 18.2% during the first quarter. CWM LLC now owns 162,069 shares of the company’s stock worth $6,097,000 after acquiring an additional 24,938 shares during the period.

Timothy Plan High Dividend Stock ETF Trading Up 0.3%

Timothy Plan High Dividend Stock ETF stock opened at $38.18 on Friday. Timothy Plan High Dividend Stock ETF has a twelve month low of $32.60 and a twelve month high of $39.67. The stock’s fifty day simple moving average is $38.91 and its 200-day simple moving average is $37.98. The firm has a market capitalization of $311.17 million, a P/E ratio of 18.95 and a beta of 0.83.

Timothy Plan High Dividend Stock ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 10th. Investors of record on Thursday, October 9th were issued a $0.0547 dividend. This represents a c) annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Thursday, October 9th.

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.