IQ Chaikin U.S. Small Cap ETF (NASDAQ:CSML) Plans $0.13 Quarterly Dividend

IQ Chaikin U.S. Small Cap ETF (NASDAQ:CSML) declared a quarterly dividend on Thursday, March 28th, NASDAQ reports. Shareholders of record on Monday, April 1st will be paid a dividend of 0.1307 per share on Thursday, April 4th. This represents a $0.52 annualized dividend and a dividend yield of 1.40%. The ex-dividend date is Thursday, March 28th.

IQ Chaikin U.S. Small Cap ETF Trading Up 0.3 %

Shares of NASDAQ CSML traded up $0.11 during midday trading on Thursday, reaching $37.30. 2,096 shares of the company were exchanged, compared to its average volume of 11,538. IQ Chaikin U.S. Small Cap ETF has a 1 year low of $28.95 and a 1 year high of $37.30. The stock has a fifty day simple moving average of $35.79 and a 200 day simple moving average of $33.59. The stock has a market cap of $186.50 million, a P/E ratio of 11.20 and a beta of 1.21.

Institutional Investors Weigh In On IQ Chaikin U.S. Small Cap ETF

A hedge fund recently bought a new stake in IQ Chaikin U.S. Small Cap ETF stock. JPMorgan Chase & Co. acquired a new stake in IQ Chaikin U.S. Small Cap ETF (NASDAQ:CSML) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,874 shares of the company’s stock, valued at approximately $60,000.

About IQ Chaikin U.S. Small Cap ETF

The IQ Chaikin U.S. Small Cap ETF (CSML) is an exchange-traded fund that is based on the NASDAQ Chaikin Power US Small Cap index. The fund tracks an equal-weighted index of small US companies selected by value, growth, technical, and sentiment factors. CSML was launched on May 16, 2017 and is managed by IndexIQ.