Dow components Intel (NasdaqGS: INTC), IBM (NYSE: IBM), Cisco (NasdaqGS: CSCO) and Microsoft (NasdaqGS: MSFT) combine for over 32% of TDIV’s weight. Apple (NasdaqGS: AAPL) is the ETF’s fifth-largest holding at a weight of 7.57%.
The NASDAQ Technology Dividend Index had a dividend yield of almost 3.2% as of Feb. 28, according to First Trust data.
First Trust NASDAQ Technology Dividend Index Fund
ETF Trends editorial team contributed to this post. Tom Lydon’s clients own shares of Apple, Cisco, Intel and Microsoft.