OneAscent Wealth Management LLC Acquires New Position in Timothy Plan High Dividend Stock ETF (NYSEARCA:TPHD)

OneAscent Wealth Management LLC purchased a new position in Timothy Plan High Dividend Stock ETF (NYSEARCA:TPHD) in the third quarter, Holdings Channel.com reports. The firm purchased 40,754 shares of the company’s stock, valued at approximately $1,536,000. Timothy Plan High Dividend Stock ETF makes up approximately 0.6% of OneAscent Wealth Management LLC’s investment portfolio, making the stock its 13th biggest holding.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cetera Investment Advisers boosted its stake in Timothy Plan High Dividend Stock ETF by 401.6% during the first quarter. Cetera Investment Advisers now owns 57,006 shares of the company’s stock valued at $2,062,000 after buying an additional 45,641 shares during the last quarter. Inspire Advisors LLC increased its stake in Timothy Plan High Dividend Stock ETF by 330.8% in the third quarter. Inspire Advisors LLC now owns 56,916 shares of the company’s stock worth $2,146,000 after purchasing an additional 43,704 shares during the period. Envestnet Asset Management Inc. increased its stake in Timothy Plan High Dividend Stock ETF by 58.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 76,841 shares of the company’s stock worth $2,688,000 after buying an additional 28,246 shares during the period. CWM LLC increased its holdings in Timothy Plan High Dividend Stock ETF by 27.6% during the third quarter. CWM LLC now owns 128,917 shares of the company’s stock valued at $4,860,000 after buying an additional 27,860 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its holdings in shares of Timothy Plan High Dividend Stock ETF by 30.4% in the 1st quarter. EverSource Wealth Advisors LLC now owns 101,433 shares of the company’s stock valued at $3,532,000 after buying an additional 23,632 shares in the last quarter.

Timothy Plan High Dividend Stock ETF Stock Performance

TPHD stock traded up $0.17 on Monday, hitting $38.34. 848 shares of the company’s stock were exchanged, compared to its average volume of 37,054. The firm has a 50 day moving average price of $37.60 and a two-hundred day moving average price of $36.38. The stock has a market cap of $251.13 million, a P/E ratio of 16.38 and a beta of 0.70. Timothy Plan High Dividend Stock ETF has a 12-month low of $31.25 and a 12-month high of $38.81.

Timothy Plan High Dividend Stock ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, November 8th. Investors of record on Thursday, November 7th were given a dividend of $0.0327 per share. The ex-dividend date of this dividend was Thursday, November 7th.

About Timothy Plan High Dividend Stock ETF

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.