Cwm LLC Decreases Position in Timothy Plan High Dividend Stock ETF $TPHD

Cwm LLC reduced its stake in Timothy Plan High Dividend Stock ETF (NYSEARCA:TPHD) by 8.8% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 151,806 shares of the company’s stock after selling 14,590 shares during the period. Cwm LLC’s holdings in Timothy Plan High Dividend Stock ETF were worth $5,971,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Ameritas Advisory Services LLC purchased a new stake in shares of Timothy Plan High Dividend Stock ETF during the 2nd quarter worth approximately $25,000. Oliver Lagore Vanvalin Investment Group acquired a new stake in Timothy Plan High Dividend Stock ETF during the 2nd quarter worth $62,000. Northwestern Mutual Wealth Management Co. lifted its position in Timothy Plan High Dividend Stock ETF by 522.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,048 shares of the company’s stock valued at $115,000 after acquiring an additional 2,558 shares during the last quarter. Farther Finance Advisors LLC purchased a new stake in Timothy Plan High Dividend Stock ETF in the third quarter valued at $152,000. Finally, Jane Street Group LLC lifted its position in Timothy Plan High Dividend Stock ETF by 4.5% in the first quarter. Jane Street Group LLC now owns 6,605 shares of the company’s stock valued at $248,000 after acquiring an additional 285 shares during the last quarter.

Timothy Plan High Dividend Stock ETF Price Performance

NYSEARCA TPHD opened at $38.86 on Wednesday. The company has a fifty day moving average of $38.55 and a two-hundred day moving average of $38.59. The company has a market capitalization of $316.71 million, a PE ratio of 18.95 and a beta of 0.83. Timothy Plan High Dividend Stock ETF has a 1 year low of $32.60 and a 1 year high of $39.67.

Timothy Plan High Dividend Stock ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, December 12th. Investors of record on Thursday, December 11th were paid a dividend of $0.131 per share. The ex-dividend date was Thursday, December 11th. This represents a c) dividend on an annualized basis and a yield of 4.0%. This is a boost from Timothy Plan High Dividend Stock ETF’s previous monthly dividend of $0.03.

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.