ETFdb.com is recommending a new long position for the month ahead. This pick is based on an income-focused rotation fueled by challenging conditions in equities and mixed signals for bond investors. As always investors of all experience levels are advised to use stop-loss orders and practice disciplined profit-taking techniques.
The new long position is in the Schwab US Dividend Equity ETF (SCHD ). This trade should benefit from investors flocking to safer dividend-paying securities amid valuation concerns in other former hot spots in the market, namely tech.
- Position: Buy Schwab US Dividend Equity ETF (SCHD )
- Date: 8/1/2017
- Price: $45.85