Part 2/8:
According to reports from ETF.com, on a single day, SCD saw the highest outflows of any dividend ETF, raising alarm given that it is not the largest fund in this sector. The Vanguard Dividend Appreciation ETF (ticker: VIG) leads with $90.1 billion in assets, making it about $20 billion larger than SCD.
Visual representations of this trend, such as bar charts from ETFDB.com, underscore the gravity of outflows—a situation that has prompted a deeper examination of changes made within the fund.