Schwab US Dividend Equity ETF ( $SCHD ) has fallen by 2.60% in the past week. It has experienced a 5-day net inflow of $3.58 million.
This is due, in part, to market sentiment on some of the ETF’s largest holdings. For example:
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- Coca-cola Company is currently facing a potential ransomware threat from the hacker group Everest, which claims to have accessed sensitive internal data. Despite this, the company’s stock has shown resilience, with a recent increase of 0.8% and a strong year-to-date performance. Analysts remain optimistic, maintaining a Strong Buy rating with a price target suggesting a potential upside. Additionally, Coca-Cola has been criticized for its environmental impact, being named the ‘Worst Plastic Polluter’ for the sixth consecutive year. However, its market dominance remains strong, with its products holding significant market shares in the U.S. The company is also tapping into viral trends, launching a new Sprite+Tea drink inspired by TikTok, which could further boost its market presence.
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