Significant Inflow for Schwab US Dividend Equity ETF as Market Trends Shift
Investment Highlights: SCHD Sees $223.5 Million Week-Over-Week Increase
In an analysis of recent share changes among ETFs, the Schwab US Dividend Equity ETF (Symbol: SCHD) stands out with an approximate $223.5 million inflow. This represents a 0.3% increase in outstanding units week over week, rising from 2,424,800,000 to 2,432,850,000. Among its major holdings, Lockheed Martin Corp (Symbol: LMT) has dipped by about 0.4%, United Parcel Service Inc (Symbol: UPS) remains flat, while Paychex Inc (Symbol: PAYX) has decreased by about 0.3%. For a full list of holdings, please see the SCHD Holdings page.
The chart below illustrates the one-year price performance of SCHD in relation to its 200-day moving average:
The chart indicates that SCHD has a 52-week low of $25.16 per share and a high of $29.72, with the last trade recorded at $27.91. Analyzing the share price against the 200-day moving average can be a helpful technical analysis method; further details can be found about the 200-day moving average.
Exchange-traded funds (ETFs) function like stocks, with investors buying and selling “units” instead of shares. These units can be traded, created, or destroyed based on investor demand. Each week, we assess changes in outstanding units to identify ETFs experiencing notable inflows or outflows. When new units are created, the underlying assets must also be purchased; similarly, when units are destroyed, holdings need to be sold. Thus, significant flows can impact the individual assets within the ETFs.
Click here to discover which 9 other ETFs also experienced notable inflows.
Also see:
- MWRK Insider Buying
- Funds Holding MAAX
- Top Ten Hedge Funds Holding MACQ
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
