SCHD falls 4.6% from record as technical signals point to further downside

Verifying
  • SCHD lost momentum after reaching an August record and now trades at $33.68.
  • $6.12 billion entered SCHD during the past 30 days, lifting year-to-date inflows to $24 billion.
  • SCHD's portfolio tracks the Dow Jones Dividend 100 Index and emphasizes dividend-growth companies.
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