Schwab US Dividend Equity ETF Sees Significant Influx of Capital

Updated On: December 27, 2024 2:12 pm

Schwab US Dividend Equity ETF Sees Significant Inflow Amid Mixed Performance

In a notable week for ETFs, the Schwab US Dividend Equity ETF (Symbol: SCHD) experienced an inflow of approximately $1.0 billion. This amounted to a 1.6% increase in outstanding units, rising from 2,350,500,000 to 2,388,300,000. As part of SCHD’s key holdings, AbbVie Inc (Symbol: ABBV) dipped about 0.2%, Blackrock Inc (Symbol: BLK) fell 0.4%, and Cisco Systems Inc (Symbol: CSCO) decreased by approximately 0.6%. To see the complete list of holdings, check the SCHD Holdings page.

The chart below illustrates SCHD’s price performance over the past year compared to its 200-day moving average:

Schwab US Dividend Equity ETF 200 Day Moving Average Chart

According to the chart, SCHD has a 52-week low of $24.97 per share and a high of $29.72, with the most recent trading price at $27.48. Analyzing the share price in relation to the 200-day moving average can provide valuable insights for investors—learn more about the 200-day moving average.

Exchange traded funds (ETFs) work similarly to stocks, though investors buy and sell “units” rather than “shares.” These “units” can be easily traded or altered based on investor demand. To track trends, we regularly observe the week-over-week changes in shares outstanding, noting significant inflows (new units created) or outflows (units removed). When new units are created, the ETF must purchase the underlying assets, whereas unit destruction requires selling. Consequently, large movements in units can affect the individual stocks within the ETF.

Click here to find out which 9 other ETFs had notable inflows »