IQ U.S. Large Cap R&D Leaders ETF (LRND)

NASDAQ: LRND · IEX Real-Time Price · USD
33.19
+0.21 (0.64%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Assets $7.36M
Expense Ratio 0.14%
PE Ratio 31.73
Shares Out 200,000
Dividend (ttm) $0.35
Dividend Yield 1.04%
Ex-Dividend Date Jun 28, 2024
Payout Ratio 33.26%
1-Year Return +28.16%
Volume 6
Open 33.19
Previous Close 32.97
Day's Range 32.76 - 33.19
52-Week Low 24.01
52-Week High 33.19
Beta 1.13
Holdings 104
Inception Date Feb 8, 2022

About LRND

Fund Home Page

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 issued by IndexIQ.

Asset Class Equity
Category Large Blend
Region North America
Stock Exchange NASDAQ
Ticker Symbol LRND
ETF Provider IndexIQ
Index Tracked IQ U.S. Large Cap R&D Leaders Index

Top 10 Holdings

51.55% of assets
Name Symbol Weight
Alphabet Inc. GOOGL 10.04%
Amazon.com, Inc. AMZN 8.49%
Apple Inc AAPL 6.99%
Meta Platforms, Inc. META 6.21%
Microsoft Corporation MSFT 5.64%
Merck & Co., Inc. MRK 4.93%
Johnson & Johnson JNJ 2.66%
NVIDIA Corporation NVDA 2.30%
Intel Corporation INTC 2.17%
Eli Lilly and Company LLY 2.12%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Jun 28, 2024 $0.07924 Jul 3, 2024
Mar 28, 2024 $0.08269 Apr 4, 2024
Dec 15, 2023 $0.11145 Dec 21, 2023
Sep 29, 2023 $0.07226 Oct 5, 2023
Jun 30, 2023 $0.07181 Jul 6, 2023
Mar 31, 2023 $0.09134 Apr 6, 2023
Full Dividend History

News

IndexIQ To Transfer Exchange Listing of Leaders in Research & Development ETF Suite To Nasdaq

NEW YORK--(BUSINESS WIRE)--IndexIQ today announced plans to transfer listing of the Leaders in Research & Development ETF Suite from NYSE Arca to Nasdaq.

Other symbols: WRND
1 year ago - Business Wire

IndexIQ Launches R&D-Focused ETF Trio

New York Life's ETF brand is targeting companies that spend big on research.

Other symbols: WRND
2 years ago - ETFcom

IndexIQ Introduces ETF Suite Focused on Leaders in Research & Development

NEW YORK--(BUSINESS WIRE)--New IndexIQ ETFs are designed to provide exposure to companies positioned for future innovation and expansion through sustained investment in R&D.

Other symbols: WRND
2 years ago - Business Wire