Getting Dividend Via Mutual Funds and ETFs: Part 3

In this conclusion of our three-part series on the different ways of owning dividend stocks, we look at the pros and cons of investing through exchange-traded funds, or ETFs.

Since their first widespread introduction in 1993, exchange-traded funds have become enormously popular among investors, largely because they have significantly reduced the costs associated with owning shares in a mutual fund format and because they eliminate a fund tax drawback.