iShares Global Timber & Forestry ETF (WOOD)

NASDAQ: WOOD · IEX Real-Time Price · USD
89.92
0.95 (1.07%)
At close: May 27, 2022 4:00 PM
90.00
0.08 (0.09%)
After-hours:May 27, 2022 4:58 PM EDT
Assets$318.32M
NAV$89.92
Expense Ratio0.43%
PE Ratio7.25
Shares Out3.54M
Dividend (ttm)$1.14
Dividend Yield1.27%
Ex-Dividend DateDec 13, 2021
1-Year Return-2.08%
Volume15,788
Open89.12
Previous Close88.97
Day's Range89.12 - 89.95
52-Week Low81.73
52-Week High95.27
Beta1.10
Holdings37
Inception DateJun 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.

Asset ClassEquity
SectorNatural Resources
RegionGlobal
IssuerBlackRock iShares
Stock ExchangeNASDAQ
Ticker SymbolWOOD
Index TrackedS&P Global Timber & Forestry Index

Top 10 Holdings

61.59% of assets
NameSymbolWeight
Weyerhaeuser CompanyWY8.45%
WEST FRASER TIMBER LTDWFG.TO8.34%
RayonierRYN8.23%
SVENSKA CELLULOSA BSCA B.ST7.98%
PotlatchDelticPCH7.49%
International Paper CompanyIP4.47%
UPM-KYMMENEUPM.HE4.36%
STORA ENSO CLASS RSTERV.HE4.22%
WestRock CompanyWRK4.15%
MONDI PLCMNDI.L3.90%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Dec 13, 2021$0.27512Dec 17, 2021
Jun 10, 2021$0.86309Jun 16, 2021
Dec 14, 2020$0.30995Dec 18, 2020
Jun 15, 2020$0.47264Jun 19, 2020
Dec 16, 2019$0.11721Dec 20, 2019
Full Dividend History

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."

Other symbols:CUTNAIL
1 week ago - Business Insider

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.

Other symbols:CUTNAIL
2 weeks ago - Business Insider

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.

Other symbols:CUTNAIL
1 month ago - Business Insider

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.

Other symbols:CUTNAIL
1 month ago - Business Insider

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.

Other symbols:CUTNAIL
1 month ago - Business Insider

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.

Other symbols:CUTNAIL
2 months ago - Business Insider

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...

Other symbols:CUTNAIL
3 months ago - CNBC Television

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.

Other symbols:CUTNAIL
3 months ago - Business Insider

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.

Other symbols:CUTNAIL
3 months ago - Business Insider

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...

Other symbols:CUT
4 months ago - ETF Trends

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.

Other symbols:CUTNAIL
4 months ago - Business Insider

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.

Other symbols:CUTNAIL
4 months ago - Business Insider

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...

Other symbols:CUTNAIL
4 months ago - Market Watch

Why Lumber Won't Boom In 2022

Inflation and rising costs of borrowing will likely put the breaks on the housing market.

Other symbols:CUTNAIL
5 months ago - Forbes

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.

Other symbols:CUTNAIL
5 months ago - New York Post

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.

Other symbols:CUTNAIL
5 months ago - Business Insider

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...

Other symbols:CUTNAIL
5 months ago - CNBC Television

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.

Other symbols:CUTNAIL
5 months ago - Business Insider

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.

Other symbols:CUTNAIL
6 months ago - Business Insider

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.

Other symbols:CUTNAIL
8 months ago - Business Insider

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...

Other symbols:CUT
9 months ago - ETF Trends

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.

Other symbols:CUTNAIL
9 months ago - Business Insider

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.

Other symbols:CUTNAIL
9 months ago - Business Insider

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.

Other symbols:CUTNAIL
9 months ago - CNBC Television

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.

Other symbols:CUTNAIL
9 months ago - Business Insider