SCHD Climbs to $32.80, Sitting 0.7% Below 52-Week High
Updated
Updated · Trefis · Jul 24
SCHD Climbs to $32.80, Sitting 0.7% Below 52-Week High
3 articles · Updated · Trefis · Jul 24
Summary
$32.80 put Schwab US Dividend Equity ETF within 0.7% of its 52-week high after a 5.8% gain over the past three months.
That advance was relatively broad: 21 of its 30 largest holdings rose, and the three biggest movers drove only about 25% of the fund's total move.
SCHD still looks somewhat stretched, trading 10.2% above its 200-day moving average and at 19.5 times earnings versus a roughly five-year median of 16.8.
Its profile remains comparatively steady, with about 11% annualized volatility and a recent maximum drawdown of 16.8%, supporting the case for holding rather than selling solely on the new high.
The report says the main reason to act would be portfolio rebalancing if the position has grown too large, while any switch should be judged against peer ETFs on valuation, return and risk.