This should be doing a lot better. They don't have much international exposure, so a strong ISD doesn't effect them. Also owns HBG, also surprised it hasn't moved up more. But he would be in these names.
These are mostly the smaller regional banks, which are raising their dividends after passing the stress test. Higher interest rates will not hurt these dividends unless we get rising rates at the short end of the curve without a commensurate rise of the 10-year rate. Nothing wrong with this ETF at all.
It has a lot of REITs and private equity, which he doesn't like.
PowerShares KBW High Div Yld Fincl ETF is a American stock, trading under the symbol KBWD-Q on the NASDAQ (KBWD). It is usually referred to as NASDAQ:KBWD or KBWD-Q
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On 2024-12-11, PowerShares KBW High Div Yld Fincl ETF (KBWD-Q) stock closed at a price of $15.34.