Is HDV a good ETF to invest in for high dividends?

Asked 4 years ago

I'm looking into new ETFS - does anyone have HDV? Like it? I'm looking for a broader market-tracking ETF with high dividends as I have lots of individual stocks and sector-specific ETFs.

Hdv etf High dividends Dividend etf

Andrew Moran

Thursday, June 03, 2021

After combing through the basics of the ETF, I would say this is definitely a great investment vehicle. There are three things I like about this ETF.
The first is its dividend payments. The last four were $0.879, $0.851, $0.923, and $0.882.
The second is its holdings. The ETF is diverse and the individual stock holdings are reliable companies, including Johnson & Johnson, JPMorgan Chase, Procter & Gamble, and Exxon.
The third is that the expense ratio is pretty low, too.
HDV has been trading at around $99, with a year-to-date gain of 13%. The only drawback I have is that it is trading at all-time highs. One of the first rules of investing is that you typically refrain from purchasing at record highs. That said, the asset holdings and the balanced sector weights are attractive enough to dismiss this rule.
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Plus, it is more than likely you're holding onto this ETF for the long term.