Financial Advocates Investment Management Has $1.82 Million Position in Timothy Plan High Dividend Stock ETF (NYSEARCA:TPHD)

Financial Advocates Investment Management cut its holdings in shares of Timothy Plan High Dividend Stock ETF (NYSEARCA:TPHD) by 2.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 50,081 shares of the company’s stock after selling 1,504 shares during the period. Financial Advocates Investment Management owned about 0.76% of Timothy Plan High Dividend Stock ETF worth $1,821,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Inspire Advisors LLC grew its position in shares of Timothy Plan High Dividend Stock ETF by 330.8% in the 3rd quarter. Inspire Advisors LLC now owns 56,916 shares of the company’s stock valued at $2,146,000 after buying an additional 43,704 shares during the last quarter. OneAscent Wealth Management LLC bought a new stake in Timothy Plan High Dividend Stock ETF in the third quarter valued at approximately $1,536,000. CWM LLC increased its position in Timothy Plan High Dividend Stock ETF by 27.6% during the 3rd quarter. CWM LLC now owns 128,917 shares of the company’s stock valued at $4,860,000 after purchasing an additional 27,860 shares during the period. Atria Investments Inc increased its position in Timothy Plan High Dividend Stock ETF by 14.3% during the 3rd quarter. Atria Investments Inc now owns 129,308 shares of the company’s stock valued at $4,875,000 after purchasing an additional 16,141 shares during the period. Finally, Moneywise Inc. raised its holdings in Timothy Plan High Dividend Stock ETF by 18.2% during the 4th quarter. Moneywise Inc. now owns 56,774 shares of the company’s stock worth $2,064,000 after purchasing an additional 8,746 shares during the last quarter.

Timothy Plan High Dividend Stock ETF Stock Performance

NYSEARCA:TPHD opened at $37.19 on Friday. Timothy Plan High Dividend Stock ETF has a 52 week low of $32.44 and a 52 week high of $39.66. The firm’s fifty day moving average is $37.34 and its 200-day moving average is $37.26. The firm has a market cap of $243.59 million, a P/E ratio of 16.38 and a beta of 0.70.

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.