GLODIV - 10X S&P GlobalDivTrax ETF

Jul 26, 2024 at 20:22 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.

10X S&P GlobalDivTrax ETF is listed on the Johannesburg Stock Exchange (JSE) since February 22nd, 2018. 10X S&P GlobalDivTrax ETF is traded on the JSE under the ticker symbol “GLODIV”. 10X S&P GlobalDivTrax ETF is currently the 175th most valuable stock on the JSE with a market capitalization of ZAR 2.63 billion, which makes about 0.013% of the Johannesburg Stock Exchange equity market.

GLODIV Stock Market Performance

The current share price of 10X S&P GlobalDivTrax ETF (GLODIV) is ZAR 19.95. GLODIV closed its last trading day (Friday, July 26, 2024) at 19.95 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.1% drop from its previous closing price of 19.96 ZAR. 10X S&P GlobalDivTrax ETF began the year with a share price of 19.47 ZAR and has since gained 2.47% on that price valuation, ranking it 217th on the JSE in terms of year-to-date performance.

10X S&P GlobalDivTrax ETF is the 209th most traded stock on the Johannesburg Stock Exchange over the past three months (Apr 26 - Jul 26, 2024). GLODIV has traded a total volume of 4.07 million shares—in 1,690 deals—valued at ZAR 81 million over the period, with an average of 64,555 traded shares per session. A volume high of 507,604 was achieved on May 7th, and a low of 2,910 on July 5th, for the same period. The table below details the last 10 trading days of activity of 10X S&P GlobalDivTrax ETF on the Johannesburg Stock Exchange.

Profile of 10X Fund Managers (RF) Proprietary Limited

10X Fund Managers (RF) Proprietary Limited operates in the Financials sector, specifically, the Investment Services industry.

GLODIV Industrial Market Competitors

10X Fund Managers (RF) Proprietary Limited, issuers of the GLODIV, 10X S&P 500 ETF (+12.15%), 10X Total World Stock Feeder ETF (+7.83%), 10X S&P South Africa Top 50 ETF (+4.84%), 10X Wealth Top 20 Capped ETF (+4.65%), 10X SA Property Income ETF (+4.05%), 10X Wealth Next 40 Equal Weighted ETF (+4.01%), 10X Yield Selected Bond ETF (+2.81%), 10X Wealth GOVI Bond ETF (+1.16%) and 10X S&P Global Property ETF (-0.54%) 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