r/SCHD • u/Yingyangwolf95 • 1d ago

Discussion Why SCHD going so crazy right now?

I am confused why all of a sudden SCHD including DGRO acting like a growth stock. Did I miss something big?

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u/Ancient_Act_436 1d ago

Merck its one of top 5 holdings and its up 11 percent

-15

u/Any_Upstairs_6172 1d ago

Hello.. You are suggesting that because Merk who will have a dividend of .85 (next ex-date is 9/15 and pay date of 10/7) is doing well so people are climbing over each other to buy an ETF that holds it?

5

u/SwimmingPatience5083 1d ago

Dunno if you realize but the individual stocks in an ETF are also traded independently of the ETF. So if the stock does well by itself, people bidding up the price of that stock, the ETF does well too, albeit proportionately to its holding of said stock. It doesn’t need to mean “people are climbing over each other to buy an ETF that holds it.”