HDV: Another Dividend ETF Arrives
April 06, 2011 at 15:55 PM EDT
BlackRock, Inc. (BLK) yesterday (3/31/11) launched the iShares High Dividend Equity Fund (HDV). The new ETF provides exposure to high quality income-producing U.S. securities based on the Morningstar Dividend Yield Focus Index. The underlying index seeks to identify companies providing relatively high dividend yields on a consistent basis. Morningstar’s proprietary methodology screens for superior company . . . → Read More: HDV: Another Dividend ETF Arrives