Is Now the Time to Invest in the TDIV ETF After Mainstay Capital Bought Shares Worth $94.8 Million?

Core Insights - The ETF targets dividend-paying technology and telecom stocks, providing index-based exposure to sector leaders with a focus on income [1][6] Fund Overview - The First Trust NASDAQ Technology Dividend Index Fund (TDIV) has an Assets Under Management (AUM) of $3.7 billion and a dividend yield of 1.30% [4] - As of December 9, 2025, TDIV shares were priced at $100.91, reflecting a 26.52% increase over the past year [4][8] - The fund aims to track the performance of the NASDAQ Technology Dividend Index, focusing on companies that pay regular dividends [9] Recent Transactions - Mainstay Capital Management established a new position in TDIV, acquiring 961,923 shares valued at approximately $94.84 million, representing 9.51% of its 13F reportable assets [2][8][10] - This acquisition makes TDIV the second largest holding in Mainstay Capital's portfolio, indicating a bullish outlook on the ETF [10] Investment Appeal - The ETF is positioned to benefit from the growth of artificial intelligence, as it targets sectors that are expected to thrive with AI adoption [11] - The focus on dividend-paying stocks provides passive income, although dividend payouts may fluctuate over time [12] Portfolio Composition - TDIV's portfolio consists of up to 100 dividend-paying technology and telecom equities, providing exposure to large-cap and mid-cap issuers [9] - The top holdings include NYSEMKT:SPMO ($165.16 million), NASDAQ:TDIV ($94.84 million), and NYSEMKT:SPYG ($83.61 million) [8]