Schwab Core Bond ETF Price & Performance (SCCR)

In a surprising move, Fidelity Investments and Charles Schwab have blocked purchases of BlackRock and Texas Capital's money-market ETFs on their platforms. This is notable as such restrictions are rare for ETFs, highlighting the growing competition in the money-market segment. Schwab plans to launch its own government money-market ETF in May.12

Dividend-focused ETFs like Schwab's SCHD saw significant outflows, with SCHD losing $7.1 billion in a single day. Other dividend ETFs, including Vanguard's VYM and iShares' DVY, also experienced substantial redemptions. U.S. equity ETFs as a whole recorded a net outflow of $28.6 billion, reflecting shifting investor sentiment.34

Market volatility has driven investors to reallocate funds, with tech and gold ETFs seeing inflows while S&P 500-linked funds like IVV faced outflows. On March 14, IVV lost $4.8 billion, while Vanguard's VOO gained $3.8 billion. The shifting flows underscore evolving strategies amid uncertain economic conditions.56