Dividend ETFs remain popular as investors prefer funds that offer above-average yields and conservative strategies for exposure to the stock market.
“Dividend-weighted funds have continued to catch on, as the current quarter’s money flows prove. Some $2 billion of new capital have flowed into such products in the quarter, or 4% of the total,” says ConvergEx Group chief market strategist Nicholas Colas.
So which dividend ETFs are investors buying?
A pair of funds managed by BlackRock gathered more than $1 billion combined in the third quarter.