Main Thesis
The purpose of this article is to evaluate the iShares Select Dividend ETF (DVY) as an investment option at its current market price. I was bullish on DVY last time around, primarily because of the defensive nature of the fund. In hindsight, this was a good call, and current economic conditions tell me to remain bullish. Specifically, the Fed has now entered an easing cycle on interest rates, and DVY's heavy Utilities exposure should benefit from this action. Furthermore, while recent trade-related developments have been positive for equities as a whole,