Income investors like stocks that pay high dividends, and the companies that create exchange-traded funds have tapped into investors’ demand for dividend stocks by creating dividend ETFs like the Vanguard High Dividend Yield ETF (NYSEMKT: VYM). 2016 was a strong year for the ETF, as it produced a total return of 17%, outpacing gains in the Dow Jones Industrials and S&P 500 indexes.