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SCHD gains attention as diversification tool to mitigate tech concentration amid AI dependency concerns

The Motley Fool +1 ·

SCHD
SCHD Schwab US Dividend Equity ETF
$33.37 +0.33%
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  1. 1SCHD reached an all-time high of $35.31 on August 24.
  2. 2SCHD has since declined by approximately 6%.
  3. 3SCHD yields a 30-day SEC yield of 3.36%, which is more than 3 times the S&P 500 dividend yield.

So what's the key point?

SCHD stock prices fell about 6% after hitting a peak. This product provides a 3.36% yield, which is more than 3 times that of the S&P 500.

Source The Motley Fool +1 · View original ↗

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