Schwab US Dividend Equity ETF Sees $1 Billion Inflows This Week

In today’s analysis of week-over-week changes in shares outstanding among ETFs, the Schwab US Dividend Equity ETF (Symbol: SCHD) stands out. This ETF has experienced an inflow of approximately $1.0 billion, indicating a 1.5% increase in outstanding units—from 2,543,150,000 to 2,582,250,000. Notably, among SCHD’s largest components, Bristol Myers Squibb Co. (Symbol: BMY) fell by about 1.3%, United Parcel Service Inc. (Symbol: UPS) decreased by about 1.1%, and Paychex Inc. (Symbol: PAYX) declined by approximately 0.1%. For a full list of holdings, visit the SCHD Holdings page »

The chart below illustrates the one-year price performance of SCHD in relation to its 200-day moving average:

From the chart, SCHD’s 52-week low is $23.87, while its 52-week high reaches $29.72. The latest trade shows a share price of $25.59. Analysts often compare current prices against the 200-day moving average as a key technical analysis strategy—learn more about the 200-day moving average ».

Exchange traded funds (ETFs) operate similarly to stocks, but investors buy and sell “units” instead of “shares.” These units can be exchanged like stocks, and they can also be created or destroyed based on investor demand. Each week, we analyze the changes in shares outstanding to identify ETFs that have significant inflows (new units created) or outflows (units destroyed). The creation of new units requires purchasing the underlying holdings, while unit destruction necessitates selling off holdings. As such, large flows can significantly affect the individual components within these ETFs.

Click here to discover which 9 other ETFs experienced notable inflows »

also see:

• Best High Dividend Stocks
• SKT Next Dividend Date
• Top Ten Hedge Funds Holding PMCS

The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.