High-Yield ETFs Attract Interest

Low interest rates in U.S. Treasuries is pushing income-hungry investors to other areas of the market for yield, including exchange-traded funds that target dividend-paying stocks,ETF Trendsreports.BlackRockcontinues to pick companies that can generate strong levels of free cash flow, said the ETF manager.

Verizonhas also increased its dividend by about 3 percent. The $7.1 billionIShares Dow Jones Select Dividend Index Fundrose 4.1% year to date, versus a 1.8% loss for theS&P 500, according toMorningstar.

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