Why Home Depot Stock Is a Popular Holding Among These Top Dividend ETFs

Exchange-traded funds (ETFs) tend to hold a lot of stocks, often 100 or more. That makes them very diversified investments, which helps reduce risk. Despite their vast holdings, Home Depot (NYSE: HD) is a very popular stock among several of the top dividend ETFs. It's in the top ten holdings of Vanguard Dividend Appreciation ETF (NYSEMKT: VIG), Vanguard High Dividend Yield ETF (NYSEMKT: VYM), and Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD). Here's a look at why Home Depot is so popular among these top ETFs.Vanguard Dividend Appreciation ETF tracks an index, the S&P U.S. Dividend Growers Index, which focuses on large-cap stocks with a record of growing their dividends. That index holds over 330 stocks, which the ETF mirrors. One of the fund's top holdings is Home Depot, ranking ninth at 2.1% of its assets. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool