SCHD Annual Reconstitution: Here's What This Dividend ETF Looks Like Now
Every year in March, the Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD) reconstitutes and rebalances itself. This essentially means that it runs its strategic methodology from scratch and rebuilds its portfolio according to what's happening right now. Since this exchange-traded fund (ETF) is a favorite among dividend income investors, the annual reconstitution draws a lot of interest from investors. The ETF examines a broad universe of stocks to find those demonstrating strong balance sheet health, long ...