In this article, we discuss 5 dividend ETFs that Redditors are buying in August. If you want to read our detailed analysis of dividend ETFs and their performance this year, go directly to Redditors are Buying These 10 Dividend ETFs in August.
5. VictoryShares Dividend Accelerator ETF (NASDAQ:VSDA)
The VictoryShares Dividend Accelerator ETF (NASDAQ:VSDA) tracks the performance of large-cap dividend stocks that not only have a history of increasing dividends but also possess the probability of future dividend growth. As of August, the fund has net assets amounting to over $300.7 million and its net expense ratio stands at 0.35%. In the past year, the fund delivered a 0.09% return to shareholders, while its five-year returns came in at 77.3%, as of the close of August 10.
Apple Inc. (NASDAQ:AAPL) is the third-largest holding of the VictoryShares Dividend Accelerator ETF (NASDAQ:VSDA), representing 3.19% of its portfolio. On July 28, the company declared a quarterly dividend of $0.23 per share, consistent with its previous dividend. The company has raised its payouts for the past nine years. As of August 11, the stock’s dividend yield came in at 0.54%.
Berkshire Hathaway owned the largest stake in Apple Inc. (NASDAQ:AAPL) in Q1 2022, worth over $155.5 billion. In addition to this, 131 hedge funds monitored by Insider Monkey’s database owned stakes in the tech company in the first quarter of 2022, down from 134 in the previous quarter. The total value of those stakes was over $182 billion.
“Apple grew revenues +9%, driven by +17% growth in the Services segment. While iPhone revenues grew a modest +5%, it was on an exceptional year ago comparison of +66%. iPhone continues to capture most industry smartphone profits by focusing on high-end price tiers. Apple is taking nearly two-thirds of the revenue share in the premium ($400 and above) smartphone segment. Further, most of the growth was driven by expansion in the “ultra-premium” price tier of $1000 or more per unit. As we have highlighted in the past, Apple’s relentless focus on the development and integration between hardware (especially integrated circuits) and software continues to add significant value for customers of its products and services. We expect this favorable competitive dynamic to continue for the foreseeable future.