NYLIM Global Equity R&D Leaders ETF $WRND Shares Sold by New York Life Investment Management LLC

New York Life Investment Management LLC trimmed its stake in shares of NYLIM Global Equity R&D Leaders ETF (NASDAQ:WRND) by 99.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 190,000 shares of the company’s stock after selling 31,500,281 shares during the quarter. New York Life Investment Management LLC owned about 63.33% of NYLIM Global Equity R&D Leaders ETF worth $8,248,000 as of its most recent filing with the Securities and Exchange Commission.

NYLIM Global Equity R&D Leaders ETF Price Performance

NASDAQ:WRND opened at $40.37 on Friday. NYLIM Global Equity R&D Leaders ETF has a 12-month low of $34.38 and a 12-month high of $44.67. The firm has a market capitalization of $12.11 million, a P/E ratio of 23.34 and a beta of 1.01. The business has a 50 day simple moving average of $42.33 and a 200 day simple moving average of $40.84.

NYLIM Global Equity R&D Leaders ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 2nd. Shareholders of record on Wednesday, September 30th were paid a $0.0990 dividend. The ex-dividend date was Wednesday, September 30th. This is a negative change from NYLIM Global Equity R&D Leaders ETF’s previous quarterly dividend of $0.1391. This represents a $0.40 dividend on an annualized basis and a yield of 1.0%.

NYLIM Global Equity R&D Leaders ETF Company Profile

The IQ Global Equity R&D Leaders ETF (WRND) is an exchange-traded fund that is based on the IQ Global Equity R&D Leaders index. The fund tracks an index that seeks to provide exposure to global large- and mid-cap companies that have high research and development spending, and attractive future growth potential. WRND was launched on Feb 8, 2022 and is managed by IndexIQ.