Dividend Performers ETF (IPDP)
| Assets | $15.99M |
| Expense Ratio | 0.85% |
| PE Ratio | 20.69 |
| Shares Out | 1.15M |
| Dividend (ttm) | $0.38 |
| Dividend Yield | 2.73% |
| Ex-Dividend Date | Dec 27, 2022 |
| Payout Ratio | 56.57% |
| 1-Year Return | -16.90% |
| Volume | 223 |
| Open | 13.87 |
| Previous Close | 13.49 |
| Day's Range | 13.49 - 13.87 |
| 52-Week Low | 11.48 |
| 52-Week High | 17.27 |
| Beta | 2.23 |
| Holdings | 60 |
| Inception Date | Dec 24, 2018 |
About IPDP
The Dividend Performers ETF (IPDP) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to provide income through an actively managed portfolio of dividend-paying, large-cap US stocks combined with credit spread options on an S&P 500 ETF or index. IPDP was launched on Dec 24, 2018 and is managed by Innovative Portfolios.
Top 10 Holdings
35.14% of assets| Name | Symbol | Weight |
|---|---|---|
| Cash Offset | n/a | 11.48% |
| Broadcom Inc. | AVGO | 2.83% |
| Microsoft Corporation | MSFT | 2.78% |
| Stryker Corporation | SYK | 2.70% |
| W.W. Grainger, Inc. | GWW | 2.63% |
| United Parcel Service, Inc. | UPS | 2.57% |
| Lincoln Electric Holdings, Inc. | LECO | 2.56% |
| Cisco Systems, Inc. | CSCO | 2.54% |
| Microchip Technology Incorporated | MCHP | 2.54% |
| Donaldson Company, Inc. | DCI | 2.51% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2022 | $0.06658 | Dec 29, 2022 |
| Sep 27, 2022 | $0.15323 | Sep 29, 2022 |
| Jun 27, 2022 | $0.15938 | Jun 29, 2022 |
News
4 ETF Areas Up At Least 10% Last Week
Carbon allowance, mortgage real estate, blockchain and dividend ETFs were winners last week.
4 ETFs That Gained the Most On Wild Trading Day
Wall Street staged a dramatic turnaround to close Oct 13 after falling at the start of trading after hot inflation data.
JP Morgan Begins Converting 4 Mutual Funds To ETFs
A $1.1 billion inflation-managed fund is the first to convert.
Innovative Portfolios Converts 2 Mutual Funds to ETFs
Innovative Portfolios has converted two of its mutual funds to ETFs. The two ETFs, the Dividend Performers ETF (IPDP) and the Preferred-Plus ETF (IPPP), are listed on the Cboe BZX Exchange.
2 Income-Focused Mutual Funds Convert To ETFs
The funds hold nearly $29 million in assets.