Schwab US Dividend Equity ETF ( $SCHD ) has risen by 0.37% in the past week. It has experienced a 5-day net outflow of $54.69 million.
This is due, in part, to market sentiment on some of the ETF’s largest holdings. For example:
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
- Amgen Inc: Unfortunately, no specific news about Amgen Inc was provided in the recent updates. Investors should stay tuned for future announcements or quarterly earnings reports to gain insights into the company’s performance and strategic direction.
- Merck & Company: Merck & Company is currently enjoying a positive outlook in the healthcare sector, with analysts maintaining a ‘Buy’ rating. The company’s collaboration with Moderna on the mRNA-4157 cancer vaccine has attracted significant scientific interest, although the outcomes are still uncertain. Analysts have set a price target of $105.00, indicating a potential upside from its recent closing price of $96.43. The consensus among analysts is a ‘Moderate Buy’, reflecting optimism about Merck’s future prospects.
- Cisco: Cisco is making strides in the tech world by partnering with IBM to develop a quantum computing network. This collaboration aims to connect quantum computers globally, potentially revolutionizing the internet by the 2030s. Additionally, Cisco is involved in a joint venture with AMD and Humain to build data centers in the Middle East, with plans to expand capacity significantly by 2030. These strategic moves highlight Cisco’s commitment to innovation and its role in advancing cutting-edge technology.