BATS | ETF
Under normal circumstances, at least 80% of the fund's net assets will be invested in component securities of the benchmark index.
The benchmark index is designed to capitalize on the theory that, over time, companies that consistently grow their dividends tend to have investment returns above overall market returns, and companies that do not grow (or cut) their dividends tend to have investment returns below overall market returns.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| AVGO | Broadcom Inc | Technology | Semiconductors | 5.49% |
| COST | Costco Wholesale Corp | Consumer Defensive | Discount Stores | 4.96% |
| NVDA | NVIDIA Corporation | Technology | Semiconductors | 4.38% |
| PWR | Quanta Services Inc | Industrials | Engineering & Construction | 4.00% |
| KLAC | KLA-Tencor Corporation | Technology | Semiconductor Equipment & Materials | 3.03% |
| CTAS | Cintas Corporation | Industrials | Specialty Business Services | 3.00% |
| V | Visa Inc. Class A | Financial Services | Credit Services | 2.66% |
| MA | Mastercard Inc | Financial Services | Credit Services | 2.63% |
| GRMN | Garmin Ltd | Technology | Scientific & Technical Instruments | 2.63% |
| GWW | WW Grainger Inc | Industrials | Industrial Distribution | 2.53% |
| VRSK | Verisk Analytics Inc | Industrials | Consulting Services | 2.47% |
| HUBB | Hubbell Inc | Industrials | Electrical Equipment & Parts | 2.47% |
| MPWR | Monolithic Power Systems Inc | Technology | Semiconductors | 2.27% |
| MSCI | MSCI Inc | Financial Services | Financial Data & Stock Exchanges | 2.04% |
| ETN | Eaton Corporation PLC | Industrials | Specialty Industrial Machinery | 1.68% |
| APH | Amphenol Corporation | Technology | Electronic Components | 1.65% |
| CMI | Cummins Inc | Industrials | Specialty Industrial Machinery | 1.61% |
| FAST | Fastenal Company | Industrials | Industrial Distribution | 1.60% |
| LRCX | Lam Research Corp | Technology | Semiconductor Equipment & Materials | 1.57% |
| INTU | Intuit Inc | Technology | Software - Application | 1.55% |