SCHD, RDTL: Big ETF Inflows
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Schwab US Dividend Equity ETF, which added 26,900,000 units, or a 0.9% increase week over week. Among the largest underlying components of SCHD, in morning trading today Abbott Laboratories is down about 0.1%, and Amgen is higher by about 0.2%.
And on a percentage change basis, the ETF with the biggest increase in inflows was the GraniteShares 2x Long RDDT Daily ETF, which added 1,090,000 units, for a 39.8% increase in outstanding units.
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