ETF Trends
ETF Trends

Shares of Target (NYSE: TGT) traded higher Wednesday after the retailer boosted its quarterly dividend by 20%. Vanguard Dividend Appreciation ETF (NYSEArca: VIG) has the largest position in Target among dividend-themed exchange traded funds.

Target comprises 2.2% of the Vanguard dividend ETF’s portfolio, according to

The stock is also held in retail sector ETFs. Market Vectors Retail ETF (NYSEArca: RTH) has 5% in Target.

Dividend ETFs have been incredibly popular with investors seeking to boost yield in a low interest-rate environment with conservative equity funds. [Special Report: Surveying the Dividend ETF Landscape]

Vanguard Dividend Appreciation is the top-selling dividend ETF this year. [The 10 Best-Selling ETFs of 2012]

VIG has a yield of 2.3%. The ETF held 134 stocks including Target at the end of April. [Dissecting Vanguard’s Two Largest Dividend ETFs]

Vanguard Dividend Appreciation ETF

The opinions and forecasts expressed herein are solely those of John Spence, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.