SCHD Dark Pool Activity
ATS off-exchange volume intelligence · Week of 2026-07-20
SCHD dark pool volume for the week of 2026-07-20: 6.4M shares traded across 26 ATS venues with a total notional value of $210.2M. Volume is down 9.0% week-over-week. Off-exchange dark pool transactions account for 5.4% of total SCHD market volume — within the normal institutional baseline range. Primary routing venues include , INSTINCT X, INTELLIGENT CROSS LLC.
Dark pool activity in SCHD reflects institutional order flow executing on Alternative Trading Systems (ATS) registered with the SEC — private venues where large-block trades are matched away from public exchanges to minimize price impact. StonkWhisper ingests FINRA-published ATS volume data to track these off-exchange flows. Sustained elevation in dark pool percentage — particularly when concentrated at specific venues — can indicate institutional accumulation or distribution ahead of significant price moves. The interactive charts below show 12-week historical volume and complete venue breakdown for SCHD.
Weekly History
| Week | Shares | DP % | WoW |
|---|---|---|---|
| 2026-07-20 | 6.4M | 5.4% | -9.0% |
| 2026-07-13 | 7.0M | — | +19.3% |
| 2026-07-06 | 5.9M | — | +9.8% |
| 2026-06-29 | 5.4M | — | -21.8% |
| 2026-06-22 | 6.8M | — | +3.1% |
| 2026-06-15 | 6.6M | — | -30.6% |
| 2026-06-08 | 9.6M | 6.7% | -28.2% |
| 2026-06-01 | 13.3M | 13.8% | +103.8% |
| 2026-05-25 | 6.5M | 6.8% | -20.3% |
| 2026-05-18 | 8.2M | 8.5% | -6.0% |
| 2026-05-11 | 8.7M | 9.1% | +14.8% |
| 2026-05-04 | 7.6M | 7.9% | +9.0% |