2024-07-30 20:00:00 +0300
Income Obsession Sweeps Across Asset Classes as Stocks Swerve
Bloomberg
By Katherine GreifeldBehind the scenes of the latest rebound in stocks is a growing penchant for steady income streams as risk appetite runs hot and cold this year.
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In the $6.6 trillion exchange-traded fund arena, three dividend-focused ETFs rank among the top 10 in terms of equity inflows, according to data compiled by Bloomberg. The leader, the $36.5 billion Schwab US Dividend Equity ETF (ticker SCHD), has only posted five outflows this year.
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