Global Beta Smart Income ETF
GBDV
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- DE United States of America
- IPO Date
- Dec 26, 2019
- CIK
- 0001774739
- Similar Companies
- Business
- Global Beta Smart Income ETF (GBDV) is an exchange-traded fund that seeks to track the performance of the Global Beta Smart Income Index before fees and expenses. The fund invests primarily in constituents from the S&P 900 exhibiting the highest average twelve-month trailing dividend yield over the prior four quarters, diversified by GICS sector, reweighted based on revenue, and subject to individual issuer caps of 5% to mitigate concentration risk; it also monitors and promptly removes securities announcing dividend cuts. Issued by Global Beta ETF Trust and managed by Global Beta Advisors LLC, headquartered in Philadelphia, Pennsylvania, with founding activities dating to around 2018-2019 and the ETF launched circa 2019-2020, GBDV targeted U.S. large-cap value equities for income-focused investors. In a significant operational change, the ETF was liquidated in August 2022, with shareholders able to sell shares on NYSE Arca until market close on August 22, 2022. No recent partnerships, acquisitions, funding rounds, or new product launches involving GBDV or its issuer have been reported post-liquidation, as the fund is no longer active.