Frontier Asset Management LLC Lowers Position in Timothy Plan High Dividend Stock ETF (NYSEARCA:TPHD)

Frontier Asset Management LLC cut its holdings in Timothy Plan High Dividend Stock ETF (NYSEARCA:TPHD) by 4.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 127,431 shares of the company’s stock after selling 6,609 shares during the quarter. Timothy Plan High Dividend Stock ETF makes up about 1.5% of Frontier Asset Management LLC’s investment portfolio, making the stock its 21st largest position. Frontier Asset Management LLC owned approximately 1.95% of Timothy Plan High Dividend Stock ETF worth $4,633,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in TPHD. Raymond James Financial Inc. purchased a new stake in Timothy Plan High Dividend Stock ETF in the fourth quarter worth about $1,989,000. OneAscent Wealth Management LLC bought a new position in Timothy Plan High Dividend Stock ETF in the third quarter worth about $1,536,000. Atria Investments Inc raised its holdings in Timothy Plan High Dividend Stock ETF by 14.3% in the third quarter. Atria Investments Inc now owns 129,308 shares of the company’s stock worth $4,875,000 after purchasing an additional 16,141 shares in the last quarter. Strategic Equity Management raised its holdings in Timothy Plan High Dividend Stock ETF by 14.1% in the fourth quarter. Strategic Equity Management now owns 129,569 shares of the company’s stock worth $4,711,000 after purchasing an additional 15,977 shares in the last quarter. Finally, Christian Investment Advisors Inc. bought a new position in Timothy Plan High Dividend Stock ETF in the fourth quarter worth about $560,000.

Timothy Plan High Dividend Stock ETF Stock Performance

Shares of Timothy Plan High Dividend Stock ETF stock opened at $37.38 on Friday. The company has a market capitalization of $242.97 million, a PE ratio of 17.77 and a beta of 0.94. The company has a 50-day simple moving average of $37.30 and a two-hundred day simple moving average of $37.50. Timothy Plan High Dividend Stock ETF has a one year low of $34.24 and a one year high of $39.66.

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.