Touchstone Dividend Select ETF (DVND)
Market Closed
10 Aug, 20:00
ARCA ARCA Primary $
39. 87
-0.02
-0.0434%
$
53.84M Market Cap
0.63% Div Yield
304 Volume
$ 39.89
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DVND: Active High Fee Dividend ETF Faces An Uphill Battle
DVND selects 40-55 large-cap U.S. dividend-paying companies with competitive advantages and reasonable valuations. Its expense ratio is 0.50% and the ETF has $33 million in assets under management. The high ER reduces DVND's dividend yield to just 2.14%, putting it in the ballpark of other low-yielding funds like VIG. Others, including FDVV and SCHD, offer significantly higher yields. Investors will appreciate DVND's high-quality features, though its growth statistics are mixed. Despite allocating 25% to Technology, current selections have seen their earnings decline in the last three years.
Seekingalpha | 1 year ago
