5 Best ETFs to Invest In For Long Term

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1. Vanguard 500 Index Fund (NYSE:VOO)

Vanguard 500 Index Fund (NYSE:VOO) invests in the S&P 500 Index, which represents 500 of the leading US companies. The fund aims to closely track the benchmark return, which broadly reflects overall US stock returns. At the end of April 2022, Vanguard 500 Index Fund (NYSE:VOO) offered an expense ratio of 0.03%. The fund has total net assets of $760.1 billion, with the top 10 holdings comprising 29% of the overall portfolio. 

Apple Inc. (NASDAQ:AAPL) is the biggest holding of Vanguard 500 Index Fund (NYSE:VOO). With a market capitalization of more than $2 trillion, Apple Inc. (NASDAQ:AAPL) is one of the biggest multinational technology corporations in the United States, offering consumer electronics, software, and online services. Apple is also a strong dividend payer. The company declared on April 28 a $0.23 per share quarterly dividend, a 4.5% increase from its prior dividend of $0.22. The dividend was paid to shareholders on May 12. In addition to that, the board of directors authorized an increase of $90 billion to the previous share repurchase program.

According to Insider Monkey’s database, 131 hedge funds held long positions in Apple Inc. (NASDAQ:AAPL) at the end of March 2022, compared to 134 funds in the earlier quarter. Warren Buffett’s Berkshire Hathaway is the leading stakeholder of the company, with about 891 million shares worth $155.5 billion. 

Here is what Berkshire Hathaway has to say about Apple Inc. (NASDAQ:AAPL) in its Q4 2021 investor letter:

“Apple Inc. (NASDAQ:AAPL) – our runner-up Giant as measured by its year end market value – is a different sort of holding. Here, our ownership is a mere 5.55%, up from 5.39% a year earlier. That increase sounds like small potatoes. But consider that each 0.1% of Apple’s 2021 earnings amounted to $100 million. We spent no Berkshire funds to gain our accretion. Apple’s repurchases did the job. It’s important to understand that only dividends from Apple are counted in the GAAP earnings Berkshire reports – and last year, Apple paid us $785 million of those. Yet our “share” of Apple’s earnings amounted to a staggering $5.6 billion. Much of what the company retained was used to repurchase Apple shares, an act we applaud. Tim Cook, Apple’s brilliant CEO, quite properly regards users of Apple products as his first love, but all of his other constituencies benefit from Tim’s managerial touch as well.”

You can also take a look at 10 Safe Stocks To Invest in For The Long-Term in 2022 and 10 Best Dividend Stocks for Roth IRA

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