With the Federal Reserve deciding to hold off its much-anticipated taper last month, many market participants now believe that record low interest rates are likely to continue for a bit longer than previously thought, suggesting dividend funds may be a better option in the short and medium haul. Though the dividend-income space became fairly crowded after a number of providers …
New Dividend ETF Launched (HDV)
For those investors on the lookout for income, here’s another income ETF in the pipeline as the WSJ (subscription required) reports: BlackRock (BLK) is set to launch Thursday another dividend-focused fund. The iShares High Dividend Equity Fund (HDV) follows the family’s first and most popular similar themed ETF, the $6 billion iShares Dow Jones Select Dividend Index Fund (DVY). It …