Top holdings include Cablevision (NYSE: CVC) 2.2%, RR Donnelley (NasdaqGS: RRD) 2.2%, Frontier Communications (NasdaqGS: FTR) 2.2%, Reynolds American (NYSE: RAI) 2.1% and Lorillard (NYSE: LO) 2.1%.
Sector allocations include telecom services, 10.3%, financials 10.1%, health care 10.0%, industrials 10.0%, consumer staples 10.0%, energy 10.0%, consumer discretionary 9.9%, info tech 9.9%, materials 9.9% and utilities 9.9%.
“We Believe SDOG offers investors a product with attractive differentiating factors from other large-cap dividend ETFS including higher yield and sector diversification,” Tom Carter, Exeuctive Vice President of ALPS Holdings, said in the press release.
Dividends will be paid on a quarterly basis. [Appraising the Largest Dividend ETF]
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Max Chen contributed to this article.