5 Best Dividend ETFs

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In this article, we discuss 5 best dividend ETFs. If you want to read our detailed analysis of dividend stocks and exchange-traded funds, and their performance, go directly to read 10 Best Dividend ETFs.

5. Invesco FTSE RAFI US 1000 ETF (NYSE:PRF)

Year-to-Date Returns as of September 11: 6.33%

Invesco FTSE RAFI US 1000 ETF (NYSE:PRF) is next on our list of the best dividend ETFs with a year-to-date return of 6.33%, as of September 11. The exchange-traded fund seeks the performance of the FTSE RAFI US 1000 Index, which is designed to provide exposure to U.S. large-cap stocks based on fundamental factors rather than market capitalization. The ETF strives to achieve returns that align with this index.

Apple Inc. (NASDAQ:AAPL) is one of the largest holdings of Invesco FTSE RAFI US 1000 ETF (NYSE:PRF), accounting for 2.57% of the fund’s portfolio. The tech giant has been raising its dividends consistently for the past 11 years and currently pays a quarterly dividend of $0.24 per share and has a dividend yield of 0.54%, as of September 11.

As of the end of Q2 2023, 135 hedge funds tracked by Insider Monkey reported having stakes in Apple Inc. (NASDAQ:AAPL), up from 131 in the previous quarter. The collective value of these stakes is over $194 billion.

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