SCHD Reconstitution Hit
SCHD’s index reconstitution took effect after the close on March 20 and trimmed the ETF’s energy-sector exposure by about 8% — a meaningful sector shift for dividend-focused ETF holders (seekingalpha.com). Want to see which energy names were cut and how that changes SCHD’s yield and sector weights next quarter?
Valero Energy (VLO), Halliburton (HAL) and Ovintiv (OVV) were removed from SCHD’s roster this cycle, while Devon Energy (DVN) was added to the fund’s lineup. (youtube.com)) The index swap counted 22 removals and 25 additions, with commentators putting new-adds at roughly 29.8% of the fund and overall turnover near 31%. (youtube.com)) Post-reconstitution snapshots show the biggest sector increases landed in Health Care (about +4 percentage points) and Information Technology (about +3 percentage points). (stockanalysis.com)) Despite the energy pruning, ConocoPhillips and Chevron remained among SCHD’s largest positions at roughly 4.5% and 4.4% of assets, respectively, in early‑March holdings reports. (schwabassetmanagement.com)) Data providers reported SCHD’s trailing 12‑month dividend yield in the mid‑3% range heading into the rebalance — figures clustered between about 3.37% and 3.45% across sources. (ainvest.com)) High‑profile entrants into SCHD included UnitedHealth Group (UNH), Procter & Gamble (PG), Qualcomm (QCOM) and Accenture (ACN), moves that increased the fund’s exposure to healthcare, consumer staples and technology. (youtube.com))
