Article Purpose
It's incredible how much can change in a single quarter, especially as we're trying to recover from a pandemic. The popular iShares Core High Dividend ETF (NYSEARCA:HDV) is one you'll need to keep an eye on, as it
HDV: June Reconstitution Update Makes This 3.63% Yielding ETF Even More Defensive
Summary
- HDV has reconstituted effective June 21, with 19 new constituents and a fairly different looking sector allocation.
- The biggest change was the removal of JPMorgan Chase, which previously had a 6.51% weighting, while Philip Morris was added back with a 4.75% weighting.
- This article will analyze HDV's latest fundamentals, including this quarter's estimated dividend yield and its level of market risk.
- Overall, I'm pleased with the changes and expect it to outperform the market as investors begin to favor defensive stocks again.
The Sunday Investor has completed all the educational requirements for the Chartered Investment Manager designation and is on track to become a licensed options and derivatives trading advisor. Focusing on U.S. Equity ETFs, The Sunday Investor maintains a comprehensive ETF Database that tracks the performance and fundamentals for nearly 1,000 funds. He is active in the comments section and ready to answer questions about any ETF you might considering.
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