Highland/iBoxx Senior Loan ETF (NASDAQ:SNLN) raises dividend to $0.03 per share

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Highland Senior Loan ETF/iBoxx (NASDAQ: SNLNGet a rating) announced a monthly dividend on Wednesday April 13, Zacks reports. Shareholders of record on Monday April 18 will receive a dividend of 0.031 per share on Friday April 29. This represents an annualized dividend of $0.37 and a dividend yield of 2.38%. The ex-date of this dividend is Thursday, April 14. 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 minimum of $15.32 and a 52-week maximum 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 increased or reduced their stake in the stock. Wells Fargo & Company MN increased its holdings of Highland/iBoxx Senior Loan ETF by 7.7% in Q2. Wells Fargo & Company MN now owns 29,092 shares of the company worth $469,000 after acquiring 2,089 additional shares last quarter. LPL Financial LLC increased its stake in Highland/iBoxx Senior Loan ETF by 7.9% in Q3. LPL Financial LLC now owns 58,985 shares of the company 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 Q3 for a value of approximately $971,000. Flow Traders US LLC increased its stake in Highland/iBoxx Senior Loan ETF by 678.9% in the 4th quarter. Flow Traders US LLC now owns 103,218 shares of the company worth $1,641,000 after purchasing an additional 89,966 shares during the period. Finally, Morgan Stanley increased 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 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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