The Schwab U.S. Dividend Equity ETF Is Near Its All-Time High: Is It Still a Good Buy?
Dividend stocks have been hot buys this year, and the Schwab U.S. Dividend Equity ETF has risen by 22%, outperforming the broader markets.
Overview
The Schwab U.S. Dividend Equity ETF (NYSEMKT:SCHD) is a go-to option for dividend investors, and rightfully so. The exchange-traded fund (ETF) has a solid mix of around 100 dividend stocks that are vetted for safety and quality. That makes the ETF an ideal option for income investors who want a high yield, without much risk. Currently, it's yielding 3%, which is far higher than the S&P 500 average of 1.1%.
The ETF has been so popular this year that it's risen 22% thus far, hitting a new all-time high along the way. The inevitable question becomes: Has it gotten too expensive to buy? Let's take a look.
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Originally published at www.fool.com.