This ETF offers a great mix of dividend yield and price appreciation.

If you're in the market for a solid dividend index fund, you're in luck -- there are more than a few available. Better still, many are in exchange-traded fund (ETF) form, meaning that while they're a fund, they trade like a stock.

I've written about several solid dividend-focused ETFs before, and about some in particular , such as the Schwab U.S. Dividend Equity ETF (SCHD). Today, though, I'd like to introduce you to another portfolio contender: The Fidelity High Dividend ETF ( FDVV 0.70% ) . It's one you can invest in with just $500 -- or more, or less.

The case for dividends

Before getting to the Fidelity High Dividend ETF, it's good to appreciate just how powerful dividend investing can be. The t

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