Stock price when the opinion was issued
Should this be held in a rising rate environment? There is nothing wrong with holding this in a rising rate environment. This is an ETF where they are buying stocks to increase their dividends. What you should be more interested in, is how is the economy doing. If the economy is doing reasonably well globally, which it seems to be doing right now, you are looking for companies that are going to be increasing their dividends in that environment. Not a bad way to play it.
One of many high dividend paying ETF’s. You are buying into companies that pay good dividends with a history of increasing them. As there is a history of increasing dividends in these companies it is not a bad investment in a rising interest rate environment, as you are getting a bump-up in a yield that is inside the ETF’s anyways.