GLODIV - CoreShares GlobalDivTrax ETF

Oct 4, 2022 at 21:57 Twitter · Facebook

GLODIV share price on Johannesburg Stock Exchange

The CoreShares S&P Global Dividend Aristocrats Exchange Traded Fund (also known simply as CoreShares GlobalDivTrax) is an equity income ETF in the CoreShares Index Tracker Collective Investment Scheme managed by CoreShares Index Tracker Managers (RF) Proprietary Limited. The investment policy of the ETF portfolio is to track the S&P Global Dividend Aristocrats Blend Index (Custom) as closely as possible. Designed to simulate a portfolio of S&P regional Dividend Aristocrats underlying indices, the index is compiled and calculated on behalf of and on the instructions of CoreShares Index Tracker Managers by S&P Dow Jones Indices LLC.

The CoreShares GlobalDivTrax ETF provides investors with exposure to international dividend paying companies. The ETF, with global inflation hedge, invests in companies across Europe, Canada, Pan Asia, and the United States that have a solid track record of paying dividends.

CoreShares GlobalDivTrax ETF is listed on the Johannesburg Stock Exchange (JSE) since February 22nd, 2018. CoreShares GlobalDivTrax ETF is traded on the JSE under the ticker symbol “GLODIV”. CoreShares GlobalDivTrax ETF is currently the 253rd most valuable stock on the JSE with a market capitalization of ZAR 1.03 billion, which makes about 0.0055% of the Johannesburg Stock Exchange equity market.

GLODIV Stock Market Performance

The current share price of CoreShares GlobalDivTrax ETF (GLODIV) is ZAR 15.95. GLODIV closed its last trading day (Tuesday, October 4, 2022) at 15.95 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 1.9% gain over its previous closing price of 15.66 ZAR. CoreShares GlobalDivTrax ETF began the year with a share price of 17.86 ZAR but has since lost 10.7% off that price valuation, ranking it 243rd on the JSE in terms of year-to-date performance.

CoreShares GlobalDivTrax ETF is the 156th most traded stock on the Johannesburg Stock Exchange over the past three months (Jul 7 - Oct 4, 2022). GLODIV has traded a total volume of 11.8 million shares—in 1,527 deals—valued at ZAR 192 million over the period, with an average of 187,067 traded shares per session. A volume high of 4.84 million was achieved on August 2nd, and a low of 1,889 on August 5th, for the same period. The table below details the last 10 trading days of activity of CoreShares GlobalDivTrax ETF on the Johannesburg Stock Exchange.

Profile of CoreShares Asset Management (Pty) Limited

CoreShares Asset Management (Pty) Limited operates in the Financials sector, specifically, the Investment Services industry.

GLODIV Industrial Market Competitors

CoreShares Asset Management (Pty) Limited, issuers of the GLODIV, CoreShares Preftrax ETF (+13.31%), CoreShares Divtrax ETF (+0.99%), CoreShares SciBeta Multi-Factor ETF (-2.47%), CoreShares Top50 ETF (-7.99%), CoreShares S&P 500 (-11%), CoreShares Total World Stock ETF (-13.86%), CoreShares SA Property Income (-15.32%) and CoreShares S&P Global Property ETF (-19.91%) stocks on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Financials sector and/or Investment Services industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.

Index of African Stock Exchanges:

1. Botswana Stock Exchange
2. BRVM Stock Exchange
3. Ghana Stock Exchange
4. Johannesburg Stock Exchange
5. Lusaka Securities Exchange
6. Malawi Stock Exchange
7. Nairobi Securities Exchange
8. Nigerian Stock Exchange
9. Uganda Securities Exchange
10. Zimbabwe Stock Exchange