Highland/iBoxx Senior Loan ETF (NASDAQ:SNLN) Increases Dividend to $0.03 Per Share

Highland/iBoxx Senior Loan ETF (NASDAQ:SNLNGet Rating) announced a monthly dividend on Wednesday, April 13th, Zacks reports. Stockholders of record on Monday, April 18th will be given a dividend of 0.031 per share on Friday, April 29th. This represents a $0.37 annualized dividend and a dividend yield of 2.38%. The ex-dividend date of this dividend is Thursday, April 14th. This is a boost from Highland/iBoxx Senior Loan ETF’s previous monthly dividend of $0.03.

NASDAQ SNLN opened at $15.65 on Friday. Highland/iBoxx Senior Loan ETF has a 52 week low of $15.32 and a 52 week high of $16.24. The company has a 50-day moving average price of $15.64 and a 200-day moving average price of $15.84.

Institutional investors have recently added to or reduced their stakes in the stock. Wells Fargo & Company MN increased its holdings in Highland/iBoxx Senior Loan ETF by 7.7% in the 2nd quarter. Wells Fargo & Company MN now owns 29,092 shares of the company’s stock worth $469,000 after acquiring an additional 2,089 shares in the last quarter. LPL Financial LLC boosted its stake in Highland/iBoxx Senior Loan ETF by 7.9% in the 3rd quarter. LPL Financial LLC now owns 58,985 shares of the company’s stock worth $944,000 after purchasing an additional 4,333 shares during the period. OLD Mission Capital LLC bought a new position in Highland/iBoxx Senior Loan ETF in the 3rd quarter worth approximately $971,000. Flow Traders U.S. LLC boosted its stake in Highland/iBoxx Senior Loan ETF by 678.9% in the 4th quarter. Flow Traders U.S. LLC now owns 103,218 shares of the company’s stock worth $1,641,000 after purchasing an additional 89,966 shares during the period. Finally, Morgan Stanley boosted its stake in Highland/iBoxx Senior Loan ETF by 8.5% in the 2nd quarter. Morgan Stanley now owns 149,832 shares of the company’s stock worth $2,418,000 after purchasing an additional 11,744 shares during the period.

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Dividend History for Highland/iBoxx Senior Loan ETF (NASDAQ:SNLN)

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