iShares High Dividend ETF (HDV)
PG Stock Weighting: 6.63%
The iShares High Dividend ETF (HDV) seeks to invest in quality U.S. companies that also pay above-average dividends. PG stock is the fourth-largest holding with a weighting of 6.63%. Its top 10 holdings account for 61% of the fund’s $3.2 billion in total net assets.
HDV has a total of 74 stocks, and Procter & Gamble stock is one of 12 consumer goods’ companies in the portfolio. Far more diversified than the previous two funds in terms of sector ownership, consumer goods’ stocks represent 26.5% of its portfolio, with health care the next highest weighting at 17.5%.
As mentioned earlier, HDV looks for solid companies paying higher dividends. The HDV’s SEC-yield is 3.18% — 78 and 104 basis points higher than the VDC and KKI respectively. In terms of performance the HDV’s total return year-to-date through December 24 is up 22.6%, 464 basis points higher than KKI and 430 basis points less than VDC. HDV has produced solid if not spectacular returns.
If dividends are your thing, this is the best ETF holding PG stock.