5 Dividend ETFs to Buy Now

In this article, we discuss the 5 dividend ETFs to buy now. If you want to read our detailed analysis of these ETFs, go directly to the 10 Dividend ETFs to Buy Now.

5. SPDR S&P Dividend ETF (NYSE:SDY)

Net Assets: $19 billion

SPDR S&P Dividend ETF (NYSE:SDY) is an exchange traded fund that tracks the investment returns of the S&P High Yield Dividend Aristocrats Index which comprises a group of companies listed on the exchanges in the US that have high dividend yields. 

A premier holding of the SPDR S&P Dividend ETF (NYSE:SDY) is AT&T Inc. (NYSE:T), a company that provides telecommunications, media, and technology solutions across most of North and Latin America. 

At the end of the second quarter of 2021, 68 hedge funds in the database of Insider Monkey held stakes worth $2.8 billion in AT&T Inc. (NYSE:T), up from 63 in the previous quarter worth $2.7 billion.

In its Q1 2021 investor letter, Nelson Capital Management, an asset management firm, highlighted a few stocks and AT&T Inc. (NYSE:T) was one of them. Here is what the fund said:

“Nelson Capital stayed busy in the first quarter, making several adjustments within our core portfolio. In the communication services sector, we sold AT&T (tkr: T). Over the years, AT&T has made several poor acquisitions, especially in the content realm, leaving the company saddled with debt and unable to change directions.”