Flows Buzzer: Schwab Strategic Trust Recorded $-177.88M Redemptions Following -3.86% AUM Decrease


Flows Buzzer: Schwab Strategic Trust Recorded $ 177.88M Redemptions Following  3.86% AUM Decrease

Today were reported Schwab Strategic Trust (NYSEARCA:SCHD)‘s daily net flows. The ETF registered $-177.88M asset outflows for -3.86% decrease, reaching $4428.19M after yestarday’s trading session. The chart of Schwab Strategic Trust shows negative short-term setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net outflows leads to less cash for managers to invest, which theoretically decreases demand for the etf’s holdings. The stock increased 0.07% or $0.03 on October 6, hitting $42.04. It is down 7.60% since March 4, 2016 and is uptrending. It has underperformed by 0.44% the S&P500.

The ETF’s YTD performance is 12.05%, the 1 year is 21.04% and the 3 year is 11.02%.

The ETF’s average P/E ratio is 20.29, the price to book is 3.98, the price to sales is 1.76 and the price to cashflow is 11.39. Schwab Strategic Trust is in the ETF category: , is part of the fund family and currently has $ net assets. It was started on 1/1/0001. The fund’s top holdings are: Intel Corporation for 4.68% of assets, Procter & Gamble Company (The) for 4.61%, Chevron Corporation Common Stoc for 4.53%, Microsoft Corporation for 4.52%, Johnson & Johnson Common Stock for 4.47%, Exxon Mobil Corporation Common for 4.47%, Pepsico Inc. Common Stock for 4.40%, Pfizer Inc. Common Stock for 4.40%, Coca-Cola Company (The) Common for 4.40%, Verizon Communications Inc. Com for 4.37%. The ETF sector weights are: Basic Materials 1.75%, Consumer Cyclical 7.53%, Financial Services 3.01%, Consumer Defensive 25.35%, Healthcare 8.91%, Utilities 0.54%, Communication Services 4.38%, Energy 10.82%, Industrials 16.48%, Technology 21.24%. The ETF currently as 0% yield.

More notable recent Schwab Strategic Trust (NYSEARCA:SCHD) news were published by: Newsmax.com which released: “Morningstar: Schwab Strategic Trust ETF Offers Steady Dividend Income Stream” on August 03, 2016, also Businesswire.com with their article: “Schwab Launches Target Date Mutual Funds Constructed With Schwab ETFsâ„¢ and …” published on August 25, 2016, Seekingalpha.com published: “Schwab becomes an ETF player” on July 28, 2016. More interesting news about Schwab Strategic Trust (NYSEARCA:SCHD) were released by: Seekingalpha.com and their article: “Why I Purchased Schwab’s U.S Dividend Equity ETF As A Dividend Growth Investment” published on April 20, 2015 as well as Seekingalpha.com‘s news article titled: “Quality Pays Dividends With This ETF” with publication date: December 10, 2013.

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