Schwab US Dividend Equity ETF ( $SCHD ) has risen by 2.53% in the past week. It has experienced a 5-day net outflow of $58.45 million.
This is due, in part, to market sentiment on some of the ETF’s largest holdings. For example:
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Chevron is experiencing an upward trend in its stock prices, driven by a rise in crude oil prices due to a decline in U.S. crude inventories. The American Petroleum Institute reported a significant drawdown in U.S. crude stocks, which, coupled with geopolitical tensions involving Russia, has kept sanctions on Russian crude oil in place. This environment has led to a consensus Moderate Buy rating for Chevron among Wall Street analysts, with an average price target suggesting a potential upside. Additionally, endorsements from political figures emphasizing American energy dominance and low energy prices could further bolster investor confidence in Chevron.