RND
First Trust Bloomberg R&D Leaders ETFRND
RND
0
Funds holding %
of 6,831 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
67% more capital invested
Capital invested by funds: $789K [Q2] → $1.32M (+$531K) [Q3]
13.6% less ownership
Funds ownership: 70.19% [Q2] → 56.59% (-13.6%) [Q3]
33% less funds holding
Funds holding: 3 [Q2] → 2 (-1) [Q3]
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Research analyst outlook
We haven’t received any recent analyst ratings for RND.
Financial journalist opinion
Positive
ETF Trends
8 months ago
New First Trust ETF Focuses on R&D Growth
On Wednesday, First Trust announced the launch of the First Trust Bloomberg R&D Leaders ETF (RND). RND has a net expense ratio of 0.60%.
Neutral
Business Wire
8 months ago
First Trust Launches First Trust Bloomberg R&D Leaders ETF
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“First Trust”), a leading exchange-traded fund (“ETF”) provider and asset manager, announced today that it has launched a new ETF, the First Trust Bloomberg R&D Leaders ETF (NYSE Arca: RND) (the “fund”). The fund seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Bloomberg R&D Leaders Select Index (the “Index”). RND provides exposure to companies.
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