ETF Resumé
This is an interesting link to VPU, Vanguard's low cost utility ETF. The yield is more than 3% annually and the dividend is distributed in monthly allotments. It is up more than 8% in the past month,and it can probably rise further due to cheap oil and natural gas. Besides that, utilities do well in the cold months of the year which are not that far away.
Moreover, VPU owns 83 holdings with very dominant utilities in the top 10 holdings. The stock price could very easily rise more than 10% from here besides getting a great dividend. I plan to buy VPU today. Take a look at the 12 month chart below, and you will see the great possibility of future gain while the rest of the stock market may not go anywhere.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment