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Despite continued concentration in mega-cap technology stocks, US dividend-focused strategies have generally remained competitive and historically experienced more shallow drawdowns than broader equity markets. Last year, US companies paid a record US$704.8 billion in dividends - the 15th consecutive annual record. Concurrently, dividend growth accelerated across several international markets, highlighting the continued strength of shareholder-return trends.

Inflation relentlessly erodes purchasing power, making dividend growth essential for income investors to maintain real income. A barbell strategy—combining moderate-yielding dividend growth stocks/ETFs and 6.5%+ yielding investment grade preferreds—offers both growth and current income. AI-driven capex by large-cap S&P 500 firms is powering economic growth and masking weakness among lower-income consumers.

Investing in technology is now essential as tech sector earnings and profit margins surge, driven by AI infrastructure capex and data center buildouts. Despite high growth and profitability, the tech sector trades at only a modest premium to the S&P 500, with a PEG ratio of 0.8x. Dividend-focused ETFs like TDIV and TDVI offer exposure to tech's upside while providing income, making them attractive for income-seeking investors.

Shares of International Business Machines IBM dropped about 7% in extended trading on April 22, 2026, even though the company delivered stronger-than-expected first-quarter results. The decline came after the hardware, software, and consulting giant maintained its full-year guidance, signaling a cautious stance despite solid Q1 performance.

Crumly sold 35,046 shares of TDIV; estimated trade value $3.42 million based on quarterly average price. The quarter-end position value fell by $3.73 million, a change reflecting both trades and price movements.

First Trust NASDAQ Technology Dividend Index Fund (TDIV) remains a compelling buy after a recent 5% pullback amid broader tech sector volatility. TDIV's valuation premium to the S&P 500 has sharply narrowed, making entry points more attractive for long-term investors. The tech sector's forward outlook into 2026 is robust, supporting continued allocation despite near-term market turbulence.

I'm deploying cash into high-quality BDCs, alternative asset managers, and select ETFs to lock in attractive, sustainable yields after a sentiment-driven selloff. ARES, BX, and BAM offer scale, strong management, and secular growth in alternatives, with current valuations reflecting panic rather than fundamentals. HTGC and TRIN present double-digit yields with robust underwriting, low non-accruals, and discounted valuations, despite limited evidence of credit stress.

First Trust NASDAQ Technology Dividend Index Fund (NASDAQ: TDIV - Get Free Report) was the recipient of a large increase in short interest in February. As of February 27th, there was short interest totaling 92,068 shares, an increase of 1,902.8% from the February 12th total of 4,597 shares. Based on an average daily trading volume, of
