New Life for a Dividend ETF

DIVI takes an interesting approach to dividend stocks, selecting all manner of yield generating equities that have already been vetted by active mutual fund managers. DIVI is a global ETF, though nearly 80% of its holdings are U.S. companies.

“DIVI offers the opportunity for higher dividend income, with less principal than traditional fixed income options in a low-interest rate environment. Investors may also mitigate the potential issue of portfolio devaluation in a rising interest rate environment,” according to AdvisorShares.

DIVI holds 37 stocks and has an indicated yield of 6.75%.

The ETF debuted in July 2014 and is managed by Denver-based AthenaInvest Advisors. Athena is an “industry leader in Behavioral Portfolio Management (BPM) with its patented behavioral research process and proprietary investment strategies. Dr. C. Thomas Howard, PhD, co-founder and chief investment officer of Athena, serves as the portfolio manager of DIVI,” according to statement issued by AdvisorShares.

For more information on active strategies, visit our actively managed ETFs category.