Investors Snapping Up Shares of Dividend ETF

With the market in a 3rd consecutive day of decline, investors are putting money into the Vanguard Dividend Appreciation ETF (VIG) according to the WSJ’s “buying on weakness” list which tracks stocks that fell in price but had the largest inflow of money.

VIG’s top holdings include Wells Fargo & Co, IBM and Coca-Cola.  The $1.9 billion fund carries an expense ratio of 0.24% and pays a dividend yield of 2.14%.

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