SCHD ETF Shows Modest Gains Amid Market Volatility
11
3
BTCCSquare news:
The Schwab U.S. Dividend Equity ETF (SCHD) edged up 0.11% in pre-market trading as investors shifted toward dividend and value stocks. Over the past five days, the fund gained 0.79%, with a year-to-date return of 0.60%.
Fund flows tell a different story. SCHD recorded $122 million in net outflows over five trading days, signaling investor caution. The ETF tracks high-dividend U.S. stocks from the Dow Jones Dividend 100 Index.
Analyst consensus rates SCHD a Moderate Buy, with a $30.46 price target implying 13.99% upside potential. Top holdings with bullish outlooks include Insperity Inc. and FMC Corp., while American Financial Group and Ford Motor show the weakest prospects.
By:
