IQ U.S. Large Cap R&D Leaders ETF (NASDAQ:LRND) Plans $0.08 Dividend

IQ U.S. Large Cap R&D Leaders ETF (NASDAQ:LRND) announced a dividend on Thursday, June 27th, NASDAQ reports. Investors of record on Friday, June 28th will be given a dividend of 0.0792 per share on Wednesday, July 3rd. The ex-dividend date is Friday, June 28th.

IQ U.S. Large Cap R&D Leaders ETF Stock Performance

Shares of LRND stock traded down $0.18 on Friday, hitting $32.76. The company had a trading volume of 50 shares, compared to its average volume of 782. The stock’s 50-day moving average is $31.44 and its two-hundred day moving average is $30.34. The firm has a market cap of $6.55 million, a P/E ratio of 29.66 and a beta of 1.07. IQ U.S. Large Cap R&D Leaders ETF has a twelve month low of $24.01 and a twelve month high of $33.02.

IQ U.S. Large Cap R&D Leaders ETF Company Profile

The IQ U.S. Large Cap R&D Leaders ETF (LRND) is an exchange-traded fund that is based on the IQ U.S. Large Cap R&D Leaders index. The fund tracks an index of 100 large-cap US companies selected and weighted based on the most recently reported one year research and development (R&D) spending. LRND was launched on Feb 8, 2022 and is managed by IndexIQ.