There are several exchange-traded funds (ETFs) that focus on high dividend stocks. One of them is iShares High Dividend Equity Fund (HDV), which consists of 76 stocks of dividend-paying companies. The fund pays a 12-month distribution yield of 3.2% and assesses a low management fee of 0.4%. After subtracting taxes on distributions and fund sales, the fund has returned 17.16% over the past year.

Many renowned investors and money managers, including value investor Jeremy Grantham and PIMCO boss Bill Gross, are bullish about high-quality dividend stocks. The iShares High Dividend Equity Fund comprises of a number of high-yield, high-quality stocks, which can be good investment choices for investors pursuing the momentum in the quality dividend stocks.

Source: Insider Monkey

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