Apple Inc. (AAPL) to be Added to Several WisdomTree ETFs

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Not only that, but the technology sector is expected to be home to the most robust dividend growth in the coming years due to the massive cash hoards held by some of the group’s constituents. Along those lines, cash-rich Apple Inc. (NASDAQ:AAPL) could double its payout within three years, Barron’s reported in November.

Schwartz notes there “were 124 additions to the U.S. dividend stream this year, and they contributed an increase of about $17.3 billion. Over 50% of this increase comes from Apple—the third-largest contributor to the dividend stream behind only Exxon Mobil and AT&T at the November 30, 2012, screening date.”

Other WisdomTree ETFs that could see altered stakes in Apple include the WisdomTree Total Earnings Fund (NYSEARCA:EXT). The iPhone maker currently accounts for 3.2 percent of EXT’s weight, making it the fund’s second-largest holding behind Exxon. However, EXT’s index, the WisdomTree Earnings Index (WTEI), will push Apple Inc. (NASDAQ:AAPL) to a weight of over 4.2 percent when its rebalance goes into effect on December 21.

The WisdomTree Earnings 500 Fund (NYSEARCA:EPS) is also likely to get a new look with Apple. That stock currently accounts for 3.63 percent of the fund’s weight, but the WisdomTree Earnings 500 Index will rebalance as well, pushing Apple Inc. (NASDAQ:AAPL) to a weight of almost 4.86 percent, making the stock the index’s largest constituent.

This article was originally written by The ETF Professor, and posted on Benzinga.

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