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Schwab US Dividend Equity ETF Faces Fund Outflows

Schwab US Dividend Equity ETF Faces Fund Outflows

Schwab US Dividend Equity ETF ( $SCHD ) has risen by 1.01% in the past week. It has experienced a 5-day net outflow of $108.35 million.
This is due, in part, to market sentiment on some of the ETF’s largest holdings. For example:

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  • Chevron is currently navigating a complex landscape of geopolitical tensions and fluctuating oil prices. Analysts have maintained a Hold rating on Chevron with price targets ranging from $149 to $175, reflecting a cautious optimism. The company’s stock is experiencing pressure due to concerns over global oversupply and weakening demand, despite OPEC+’s decision to increase oil production. Chevron’s strategic positioning and strong financial performance continue to garner a Moderate Buy consensus, with a potential upside of around 8.5% to 10.2% from current levels.
  • Pepsico was not mentioned in the provided text, so no recent news or updates are available for this company at this time.
  • Cisco was not mentioned in the provided text, so no recent news or updates are available for this company at this time.

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