Ocean Park Asset Management LLC Acquires New Stake in Timothy Plan High Dividend Stock ETF $TPHD

Ocean Park Asset Management LLC acquired a new stake in Timothy Plan High Dividend Stock ETF (NYSEARCA:TPHD) during the first quarter, Holdings Channel reports. The fund acquired 41,795 shares of the company’s stock, valued at approximately $1,729,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. O Connor Financial Group LLC boosted its stake in Timothy Plan High Dividend Stock ETF by 1.6% during the 4th quarter. O Connor Financial Group LLC now owns 18,073 shares of the company’s stock worth $728,000 after purchasing an additional 284 shares during the last quarter. Jane Street Group LLC raised its position in shares of 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 buying an additional 285 shares during the last quarter. Janney Montgomery Scott LLC raised its position in shares of Timothy Plan High Dividend Stock ETF by 4.8% in the fourth quarter. Janney Montgomery Scott LLC now owns 8,167 shares of the company’s stock valued at $315,000 after buying an additional 377 shares during the last quarter. First Heartland Consultants Inc. lifted its stake in shares of Timothy Plan High Dividend Stock ETF by 1.1% in the third quarter. First Heartland Consultants Inc. now owns 36,310 shares of the company’s stock worth $1,428,000 after buying an additional 404 shares in the last quarter. Finally, LifeWealth Investments LLC lifted its stake in shares of Timothy Plan High Dividend Stock ETF by 6.4% in the fourth quarter. LifeWealth Investments LLC now owns 7,560 shares of the company’s stock worth $291,000 after buying an additional 458 shares in the last quarter.

Timothy Plan High Dividend Stock ETF Stock Performance

TPHD opened at $41.59 on Monday. The firm has a market capitalization of $351.44 million, a PE ratio of 18.95 and a beta of 0.74. Timothy Plan High Dividend Stock ETF has a twelve month low of $37.30 and a twelve month high of $43.28. The firm’s 50-day moving average price is $41.69 and its 200 day moving average price is $41.00.

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.