WOOD - iShares Global Timber & Forestry ETF
| Assets | $381.40M |
| NAV | $92.13 |
| Expense Ratio | 0.46% |
| PE Ratio | 14.29 |
| Beta (5Y) | 1.19 |
| Dividend (ttm) | $0.78 |
| Dividend Yield | 0.85% |
| Ex-Dividend Date | Dec 14, 2020 |
| 1-Year Return | - |
| Trading Day | April 16 |
| Last Price | $94.03 |
| Previous Close | $92.05 |
| Change ($) | 1.98 |
| Change (%) | 2.15% |
| Day's Open | 92.80 |
| Day's Range | 92.83 - 94.24 |
| Day's Volume | 111,513 |
| 52-Week Range | 46.77 - 94.24 |
Fund Description
The investment seeks to track the investment results of the S&P Global Timber & Forestry IndexTM. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The index is comprised of approximately 25 of the largest publicly-traded companies engaged in the ownership, management or upstream supply chain of forests and timberlands. The fund is non-diversified.
| Asset Class Equity | Sector Natural Resources |
| Region Global | Inception Date Jun 24, 2008 |
| Exchange NASDAQ | Ticker Symbol WOOD |
| Index Tracked S&P Global Timber & Forestry Index | |
Top 10 Holdings
60.01% of assets| Name | Symbol | Weight |
|---|---|---|
| West Fraser Timber Co.Ltd | WFG.TO | 9.51% |
| Rayonier | RYN | 8.40% |
| Weyerhaeuser | WY | 8.34% |
| Svenska Cellulosa AB B | SCA B.ST | 7.36% |
| PotlatchDeltic | PCH | 7.09% |
| WestRock | WRK | 3.98% |
| International Paper | IP | 3.98% |
| Holmen AB B | HOLM B.ST | 3.83% |
| Mondi PLC | MNDI.L | 3.78% |
| Stora Enso Oyj Class R | STERV.HE | 3.74% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 14, 2020 | $0.31 | Dec 18, 2020 |
| Jun 15, 2020 | $0.473 | Jun 19, 2020 |
| Dec 16, 2019 | $0.117207 | Dec 20, 2019 |
| Jun 17, 2019 | $1.1206 | Jun 21, 2019 |
| Dec 18, 2018 | $0.811182 | Dec 24, 2018 |
| Jun 19, 2018 | $0.8003 | Jun 25, 2018 |
Timber sector-related exchange traded funds continue to grow as lumber prices have surged over the past three weeks on ongoing demand in the real estate market. The iShares Global Timber & Forestry ETF ...
Lumber prices surge 'through the roof,' up 113% year-over-year
CNBC's Diana Olick reports on why lumber prices could go higher.
The Institute for Supply Management (ISM) said on Dec 1 that its index of national factory activity rose to a reading of 57.5 last month from 59.3 in October (which had been the highest since November 2...
The timber industry and sector-related exchange traded funds have been rebounding as lumber prices rallied this year. The iShares Global Timber & Forestry ETF (WOOD) increased 6.1% over the past month a...
Timber is used in furniture, flooring, and, increasingly, architecture. But the forestry sector has lost an estimated $1.1 billion in 2020.
The Institute for Supply Management (ISM) said on Nov 2 that its index of national factory activity rose to a reading of 59.3 last month from 55.4 in September.
The housing market and sector-related exchange traded funds have been one area of strength in an uncertain economy that has been ravaged by a coronavirus pandemic. “Diversified stock funds can help inve...
With the recent flight from technology amid a September sell-off, exchange-traded fund (ETF) investors have to be wondering what other sectors they can turn to for gains. One area that’s been getting a ...
The materials ETF WOOD has hit a new 52-week high. Are more gains in store?
Lumber prices go through the roof
Lumber futures pushed up on several limit moves creating a true bull market.
U.S. manufacturing activity accelerated to a nearly two-year high in August due to a rise in new orders.
The U.S. ISM Manufacturing PMI came in at 54.2 for July 2020, up from 52.6 in the previous month and surpassing market expectations of 53.6.
The ISM Manufacturing PMI for the United States increased to 43.1 in May from 41.5 in April, which was the lowest reading since April 2009.
The timber industry and related exchange traded funds are gaining momentum as lumber futures climbed since the start of April on signs that the housing construction season may be recovered, along with g...
October has been kind to the U.S. stock market thanks to U.S.
How timber ETFs have performed of late and what lies ahead.