SCHD (Schwab US Dividend Equity ETF) is a dividend growth ETF that holds many of the aristocrats that we as DGI'ers hold in our personal portfolios. The expense ratio on this ETF is incredibly low, and the holdings are in large cap, blue chip companies that i know, and that i trust. I plan to initiate a position next month in SCHD for my personal portfolio, as well as my fathers.
I wish that I had known about this ETF when i first dipped my toe into the investment world. Not only does it hold an amazing portfolio, but trading is free if you have a brokerage account with Schwab. For an investor with very little money in the market, processing fees tend to really take a bite out of your profits. This ETF is a fantastic strategic tool, especially for someone just getting started in the market.
So what are your thoughts on ETF's? Do you own one, or multiple? Let me know what you think!
Thanks for stopping by,
Josh @ Building Dividends