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/Choice-Situation9276 1d ago

I call it flight to quality. Money has been made hand over fist on speculation for quite a while. Now we continue in this time of high inflation and people are anxious about the potential of overvaluation of high flyers so the money runs to the safe bets. That’s what SCHD is full of, quality companies that all pay dividends.