Apple Added To WisdomTree Divided ETFs

Posted by D4L | Wednesday, December 19, 2012 | | 0 comments »

Due to the technology sector's burgeoning status as destination for income investors, some of the sectors dividend-paying members are becoming more prominent in dividend-focused ETFs. Predictably, ETF and dividend investors alike want to know when Apple (NASDAQ: AAPL), which earlier this year announced its first payout since 1995, will join dividend funds.

At least one ETF issuer is providing an answer. WisdomTree (NASDAQ: WETF) today announced the results of its annual index rebalancing, noting that Apple will make its way into several of the issuers dividend-focused funds later this month. One of the indexes that has been rebalanced is the WisdomTree Dividend Index (WTDI), the index tracked by the $268.4 million WisdomTree Total Dividend Fund (NYSE: DTD). At the close of trading on December 21, Apple will become DTD's third-largest holding at a weight of just over three percent.

Source: IBTimes

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