Investment Thesis
In March, I explained how the iShares Core Dividend Growth ETF (NYSEARCA:DGRO) has managed to keep pace with the S&P 500 despite having a much different sector composition and a strong value
DGRO: A Wonderful Core Dividend ETF That Yields 2.22%
Summary
- DGRO is a low-cost, 2.22%-yielding ETF that closely mirrors the returns of the S&P 500, but does so with a strong value lean.
- Its constituents have managed to grow dividends at an annualized rate of 11% in the last five years and are largely in excellent financial health.
- This article dives into DGRO from both a fundamental and technical perspective, giving readers a detailed insight into what they can expect from this ETF.
- Like in March, I remain bullish on DGRO, and actually think it might have a slight edge on the S&P 500 as we move through the rest of 2021.
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.
Analyst’s Disclosure:I/we have a beneficial long position in the shares of DGRO, SPY, VOO, IVV, MSFT either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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