GLODIV - CoreShares GlobalDivTrax ETF

May 25, 2022 at 17:50 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 271st most valuable stock on the JSE with a market capitalization of ZAR 873 million, which makes about 0.0045% of the Johannesburg Stock Exchange equity market.

GLODIV Stock Market Performance

The current share price of CoreShares GlobalDivTrax ETF (GLODIV) is ZAR 15.78. GLODIV closed its last trading day (Wednesday, May 25, 2022) at 15.78 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 1.5% gain over its previous closing price of 15.55 ZAR. CoreShares GlobalDivTrax ETF began the year with a share price of 17.86 ZAR but has since lost 11.7% off that price valuation, ranking it 274th on the JSE in terms of year-to-date performance.

CoreShares GlobalDivTrax ETF is the 217th most traded stock on the Johannesburg Stock Exchange over the past three months (Feb 21 - May 25, 2022). GLODIV has traded a total volume of 4.95 million shares—in 1,499 deals—valued at ZAR 79 million over the period, with an average of 78,543 traded shares per session. A volume high of 565,354 was achieved on April 29th, and a low of 4,019 on April 22nd, 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 (+5.49%), CoreShares SciBeta Multi-Factor ETF (-3.02%), CoreShares Divtrax ETF (-3.07%), CoreShares Top50 ETF (-6.91%), CoreShares SA Property Income (-10.56%), CoreShares S&P Global Property ETF (-17.22%), CoreShares Total World Stock ETF (-17.34%) and CoreShares S&P 500 (-17.36%) 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