NEW YORK ( TheStreet) -- Frustrated with low bond yields, investors have been pouring into ETFs that focus on dividend-paying stocks. During the past year, Vanguard High Yield Dividend (VYM) recorded inflows of $2.6 billion, while iShares High Dividend Equity (HDV) attracted $975 million, according to IndexUniverse.com.The rush into dividend stocks has left many financial advisors shaking their heads. According to the conventional view, all stocks are risky, including dividend stocks. Advisors warn that in the next downturn, dividend stocks could sink along with the rest of the market. For protection, investors should hold sizable stakes of government and high-quality bonds.
Dividend Stocks Instead of Bonds
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