Redditors are Buying These 5 Dividend ETFs in August

4. iShares Core Dividend Growth ETF (NYSE:DGRO)

The iShares Core Dividend Growth ETF (NYSE:DGRO) provides exposure to dividend stocks that have sustained dividend growth and are broadly diversified across industries. As of August 10, the fund’s total assets are valued at over $24 billion and it has an expense ratio of 0.08%. There are 414 dividend stocks in the fund’s portfolio and its 12-month trailing yield stood at 2.07%.

The iShares Core Dividend Growth ETF (NYSE:DGRO) was founded in 2014 and has delivered a 109.1% return to shareholders since then, while its 5-year returns came in at 64.3%, as recorded on August 10. Johnson & Johnson (NYSE:JNJ) is one of the fund’s most notable holdings, making up 2.59% of its portfolio. The company has been a strong dividend payer, raising its dividends consistently for the past 60 years. Its current quarterly payout stands at $1.13 per share, with a yield of 2.68%, as of August 11.

As of the close of Q1 2022, 83 hedge funds owned stakes in Johnson & Johnson (NYSE:JNJ), the same as in the previous quarter. The collective value of those stakes was over $7.4 billion.