Kiker Wealth Management LLC Decreases Stake in Timothy Plan High Dividend Stock ETF $TPHD

Kiker Wealth Management LLC reduced its stake in Timothy Plan High Dividend Stock ETF (NYSEARCA:TPHD) by 15.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,000 shares of the company’s stock after selling 374 shares during the period. Kiker Wealth Management LLC’s holdings in Timothy Plan High Dividend Stock ETF were worth $76,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Janney Montgomery Scott LLC purchased a new position in Timothy Plan High Dividend Stock ETF in the 1st quarter worth approximately $230,000. Cambridge Investment Research Advisors Inc. increased its stake in shares of Timothy Plan High Dividend Stock ETF by 5.6% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 93,462 shares of the company’s stock valued at $3,516,000 after buying an additional 4,976 shares during the period. LPL Financial LLC increased its stake in shares of Timothy Plan High Dividend Stock ETF by 4.8% during the first quarter. LPL Financial LLC now owns 452,110 shares of the company’s stock valued at $17,008,000 after buying an additional 20,582 shares during the period. Envestnet Asset Management Inc. increased its stake 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 valued at $2,829,000 after buying an additional 1,885 shares during the period. Finally, Creative Financial Designs Inc. ADV increased its stake in shares of Timothy Plan High Dividend Stock ETF by 3.1% during the first quarter. Creative Financial Designs Inc. ADV now owns 221,560 shares of the company’s stock valued at $8,335,000 after buying an additional 6,636 shares during the period.

Timothy Plan High Dividend Stock ETF Stock Performance

TPHD opened at $38.34 on Tuesday. Timothy Plan High Dividend Stock ETF has a 52-week low of $32.60 and a 52-week high of $39.67. The stock has a market capitalization of $314.39 million, a PE ratio of 18.95 and a beta of 0.94. The stock’s 50 day moving average price is $38.86 and its 200-day moving average price is $37.69.

Timothy Plan High Dividend Stock ETF Cuts Dividend

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

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.