Schwab Asset Management announced share splits for a number of its ETFs last week, which included dividend favorite Schwab US Dividend Equity ETF (SCHD -0.43%). In today's video, I will explain what a stock split is, and how it impacts SCHD in general. In addition, I will look closely at SCHD to determine whether the ETF is a buy at today's prices or something we should wait on a pullback for.

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*Stock prices used were end-of-day prices of Sept. 26, 2024. The video was published on Sept. 28, 2024.