R3 Global Dividend Growth ETF (GDVD) is an actively managed exchange-traded fund that seeks current income and long-term growth of income and capital appreciation by investing primarily in dividend-paying equity securities of small-, medium-, and large-cap companies across growth and value styles; the fund employs quantitative screens including dividend yield, return on invested capital, free cash flow, and revenue growth metrics, complemented by qualitative bottom-up research to select securities such as common stocks, preferred stocks, convertible stocks, rights, warrants, depositary receipts including American Depositary Receipts and Global Depositary Receipts, and real estate investment trusts located in developed markets worldwide.
The ETF targets companies demonstrating commitment and capacity for sustained dividend payments alongside above-average capital growth potential, with a portfolio focused on global equities spanning multiple sectors and geographies.
Launched on March 31, 2022, and sponsored by Copper Place Global Capital LLC, headquartered in Clyde Hill, Washington, the fund was part of the R3 ETFs family prior to the sponsor transition.
In a major recent development, Copper Place Global Capital LLC announced the orderly liquidation of the ETF on August 21, 2024, with trading ceasing on August 28, 2024, and final cash distributions to remaining shareholders on September 5, 2024, as approved by the Board of Trustees of Northern Lights Fund Trust IV.