DIVB: new US Dividend and Buyback ETF launched by iShares

iShares, begun trading a new US Dividend and Buyback ETF, the iShares U.S. Dividend and Buyback ETF (Cboe: DIVB), on Thursday, November 09, 2017.  Here is a synopsis of the new ETF:

FUND INFORMATION:

Symbol: DIVB     Exchange: CBOE
Name: iShares U.S. Dividend and Buyback ETF  Net Expense Ratio: 0.25%

 

 

FUND OBJECTIVE:
The iShares U.S. Dividend and Buyback ETF seeks to track the investment results of the Morningstar US Dividend and Buyback Index.

REFERENCE INDEX:
The Morningstar US Dividend and Buyback Index is designed to provide exposure to U.S.-based companies that return capital to shareholders through either dividend payments or share buybacks. The Underlying Index consists of companies with the largest dividend and buyback programs in the market measured by dollar value. In aggregate, Underlying Index constituents represent 90% of the total shareholder capital distributions from the companies in the Morningstar US Market Index. The Underlying Index is a subset of the Morningstar US Market Index, which is a diversified broad market index that represents approximately 97% of the market capitalization of publicly-traded U.S. stocks. The Underlying Index may include large-, mid- or small- capitalization companies. As of September 30, 2017, a significant portion of the Underlying Index is represented by securities of financials and information technology companies.

 

 

FUND TOP 10 HOLDINGS (11/09/17):

AAPL APPLE INC 5.09%
MSFT MICROSOFT CORP 3.13%
JNJ JOHNSON & JOHNSON 1.98%
GE GENERAL ELECTRIC 1.81%
JPM JPMORGAN CHASE & CO 1.80%
XOM EXXON MOBIL CORP 1.72%
WFC WELLS FARGO 1.51%
AIG AMERICAN INTERNATIONAL GROUP INC 1.49%
PFE PFIZER INC 1.45%
HD HOME DEPOT INC 1.35%

 

 

 

Useful Links:
DIVB Home Page

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