iShares Global Timber & Forestry ETF (WOOD)
Assets | $318.32M |
NAV | $89.92 |
Expense Ratio | 0.43% |
PE Ratio | 7.25 |
Shares Out | 3.54M |
Dividend (ttm) | $1.14 |
Dividend Yield | 1.27% |
Ex-Dividend Date | Dec 13, 2021 |
1-Year Return | -2.08% |
Volume | 15,788 |
Open | 89.12 |
Previous Close | 88.97 |
Day's Range | 89.12 - 89.95 |
52-Week Low | 81.73 |
52-Week High | 95.27 |
Beta | 1.10 |
Holdings | 37 |
Inception Date | Jun 24, 2008 |
About WOOD
The fund will invest at least 80% of its assets in the component securities of the index and in investments that have economic characteristics that are substantially identical to the component securities and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The fund is non-diversified.
Top 10 Holdings
61.59% of assetsName | Symbol | Weight |
---|---|---|
Weyerhaeuser Company | WY | 8.45% |
WEST FRASER TIMBER LTD | WFG.TO | 8.34% |
Rayonier | RYN | 8.23% |
SVENSKA CELLULOSA B | SCA B.ST | 7.98% |
PotlatchDeltic | PCH | 7.49% |
International Paper Company | IP | 4.47% |
UPM-KYMMENE | UPM.HE | 4.36% |
STORA ENSO CLASS R | STERV.HE | 4.22% |
WestRock Company | WRK | 4.15% |
MONDI PLC | MNDI.L | 3.90% |
Dividends
Ex-Dividend | Amount | Pay Date |
---|---|---|
Dec 13, 2021 | $0.27512 | Dec 17, 2021 |
Jun 10, 2021 | $0.86309 | Jun 16, 2021 |
Dec 14, 2020 | $0.30995 | Dec 18, 2020 |
Jun 15, 2020 | $0.47264 | Jun 19, 2020 |
Dec 16, 2019 | $0.11721 | Dec 20, 2019 |
News

Lumber prices fall to new 2022 low as April existing home sales hit lowest level since the start of the pandemic
"It looks like more [home sales] declines are imminent in the upcoming months, and we'll likely return to the pre-pandemic home sales activity."

Lumber prices fall to their lowest level in 2022 as the highest mortgage rates in 13 years dent housing demand
"Many first-time buyers simply no longer qualify with the increase in interest rates, as their debt-to-income ratio gets out of whack," one homebuilder said.

Lumber prices have slumped as mortgage rates cool housing demand, but the commodity may bounce back up by 13% on tigh...
Futures pricing "tells me is there's still a long-term, bullish supply-demand situation in lumber," said commodities analyst Darin Newsom.

Lumber falls to fresh 2022 lows as spike in mortgage rates cools housing demand and inflation puts dent in home renov...
"Buyers remained cautious in light of heightened lumber prices, inflation concerns, and rising mortgage rates," Bank of America said.

Lumber prices are flirting with a crucial level as mortgage rates jump above 5% for first time in years
Surging mortgage rates will only add to the barriers faced by consumers in the already restrictive housing market.

Lumber prices fall 22% in March as housing market cools on soaring mortgage rates
The average traditional 30-year fixed mortgage rate hit 4.72% on Tuesday, representing a big jump since the Fed began hiking interest rates last week.
Cost of lumber soars, disrupts housing market
CNBC's Diana Olick reports on a disruption in the housing market as the price of lumber soars, and takes home prices with it. For access to live and exclusive video from CNBC subscribe to CNBC PRO: http...

Lumber prices are up 29% in February as pace of economic reopening sparks new rally in global commodities
Prices for iron, oil, soybeans, and fertilizer have also pointed higher amid cold winter weather, geopolitical tensions, and supply chain disruptions.

Lumber prices crash 30% in 2 weeks as rising mortgage rates take some heat out of US housing market
A surge in mortgage rates contributed to a decline in pending home sales last month, according to the National Association of Realtors.

Rebounding Lumber Prices Help Lift Timber Sector ETFs
Timber sector-related exchange traded funds are gaining momentum as lumber prices rebound on wet weather conditions affecting supply and a cardboard box boom adding to demand. During the past month, the...

Lumber prices are 'looking like a repeat of 2021' as housing demand remains red-hot and supply chain disruptions persist
"Being told factories are still not operating at capacity and tariffs aren't allowing solid competition to provide relief," one home builder said.

Lumber prices are at a 7-month high and are set to stay elevated on the back of 3 key trends, an expert says
Lumber futures rose for the fourth-straight session on Friday to their highest level since June 2021.

Commodities Corner: Here's what's in store for the lumber market after a whirlwind 2021
Lumber saw a whirlwind of action last year, with a rally to an all-time high in prices followed by a slump to one-year lows, and a recovery that led to the commodity's strongest quarterly performance on...

Why Lumber Won't Boom In 2022
Inflation and rising costs of borrowing will likely put the breaks on the housing market.

Lumber prices have new growth spurt
Lumber prices have shot up again in a rise reminiscent of a year ago, when high-climbing wood prices warned of the hinky supply lines and broad inflation to come.

Lumber prices have spiked 95% in 5 weeks as supply issues arise following Canadian floods while demand stays strong
British Columbia last month struggled with heavy rainfall that resulted in delays in exporting lumber.
Lumber continues its wild ride with no end in sight: Sherwood Lumber COO
Kyle Little, chief operating officer with Sherwood Lumber, joins 'The Exchange' to discuss the growing demand for lumber. Sign up and learn more about the CNBC Investing Club with Jim Cramer https://cnb...

Lumber prices spike above $1,000 for the first time since mid-June as hot housing market drives renewed demand
The commodity is 41% below its record high, while its up 127% from its recent low, highlighting its extreme volatility over the past few months.

Lumber is not going back to pre-pandemic levels and will continue to rise next year, according to an investing chief
The trend line for lumber prices will see a sustained 5% increase, folding in transportation and labor costs, Mace McCain of Frost Investment said.

Lumber's pandemic rally has spilled over into fake alternatives, sending shares of faux-wood companies soaring
Trex and Azek are both producers of fake-wood decks, and saw their stock prices and sales boom during the pandemic amid high lumber prices, according to CNBC.

Timber Sector ETFs Could Enjoy a Seasonal Boost Ahead
The lumber industry and sector-related exchange traded funds may have faltered as lumber prices plunged, but the woodcutters may enjoy a seasonal rebound with homebuilders picking up the pace toward the...

2 reasons why lumber prices will tumble another 28% from 13-month lows, according to one analyst
Naeem Aslam, chief market analyst at AvaTrade, said Fed tightening and China releasing stockpiles could weigh on the price of lumber.

Lumber prices have tumbled 70% in the last 14 weeks following a blistering rally as record-setting demand slows
Even if lumber prices normalize around $500, that's still well above the pre-pandemic average.
Lumber prices fall after previous supply crunch
Kyle Little, chief operating officer of Sherwood Lumber, joins The Exchange to discuss the current state of the lumber shortage. The supply is rebounding after pandemic lows, he says.

Why this year's epic surge in lumber sent cheese prices to a 15-month low
There's now a glut of processed cheese swamping the market, sending prices as low as $1.31 per pound for a 500-pound barrel - the lowest since 2020.