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Schwab U.S. Dividend Equity ETF (SCHD)

- NYSEARCA
  • Tue, Jul. 21, 11:43 AM
    • IBM is lower by 5.5% after its quarterly results, dragging the price-weighted Dow down by 1.1%, while the S&P 500 is off just 0.4%.
    • Also underperforming the S&P 500 thanks to exposure to IBM are a number of dividend/buyback ETFs.
    • The First Trust Nasdaq Technology ETF (TDIV -0.7%) has 8.6% of its portfolio in Big Blue. Other relatively sizable holders include the PowerShares Buyback Achievers ETF (PKW -0.9%), the Vanguard Dividend Appreciation ETF (VIG -0.8%), and the Schwab U.S. Dividend Equity ETF (SCHD -0.6%).
    • Previously: IBM down 4.4% following mixed Q2; cost cuts, buybacks boost EPS(July 20)
    | Tue, Jul. 21, 11:43 AM | 1 Comment
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SCHD Description
The ETF seeks investment results that track, as closely as possible, before fees and expenses, the total return of the Dow Jones U.S. Dividend 100 Index
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