Meet the Dividend ETF With Big Stakes in These 3 Blue Chip Stocks
High-yield dividend stocks are often a place that investors turn to for steady income and potential safety from stock market sell-offs. The stocks held by dividend exchange-traded funds (ETFs) tend to be financially strong, well-established companies that can weather a downturn in the economy. One of the most popular dividend index funds is the Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD) . This fund holds a mix of 102 dividend stocks from a range of industries. A few of SCHD's biggest holdings are well-known blue chip stocks like Chevron (NYSE: CVX) , Coca-Cola (NYSE: KO) , and Home Depot (NYSE: HD) -- household name companies that have paid steady dividends for many years. If you want to buy Coca-Cola, Chevron and Home Depot shares as part of a diversified dividend-focused portfolio, the SCHD fund is an easy, low-cost way to do it. But not all blue chip stocks are equally likely to succeed in today's complex economic environment. Continue reading