Highland/iBoxx Senior Loan ETF (NASDAQ:SNLN) raises dividend to $0.05 per share


Highland Senior Loan ETF/iBoxx (NASDAQ: SNLNGet a rating) declared a monthly dividend on Thursday, May 12, Zacks reports. Shareholders of record on Monday May 16 will receive a dividend of 0.052 per share on Tuesday May 31. This represents an annualized dividend of $0.62 and a yield of 4.13%. The ex-dividend date is Friday, May 13. This is an increase from Highland/iBoxx Senior Loan ETF’s previous monthly dividend of $0.03.

Shares of NASDAQ SNLN opened at $15.10 on Friday. Highland/iBoxx Senior Loan ETF has a 12 month minimum of $15.05 and a 12 month maximum of $16.24. The stock has a 50-day moving average price of $15.54 and a 200-day moving average price of $15.76.

Institutional investors have recently increased or reduced their stake in the company. OLD Mission Capital LLC acquired a new stock position in Highland/iBoxx Senior Loan ETF in the third quarter worth approximately $971,000. Morgan Stanley increased its stake in shares of Highland/iBoxx Senior Loan ETF by 8.5% in the second quarter. Morgan Stanley now owns 149,832 shares of the company valued at $2,418,000 after purchasing an additional 11,744 shares during the period. Flow Traders US LLC increased its position in Highland/iBoxx Senior Loan ETF by 678.9% during the 4th quarter. Flow Traders US LLC now owns 103,218 shares of the company valued at $1,641,000 after purchasing an additional 89,966 shares during the period. LPL Financial LLC increased its position in Highland/iBoxx Senior Loan ETF by 7.9% during Q3. LPL Financial LLC now owns 58,985 shares of the company valued at $944,000 after purchasing an additional 4,333 shares during the period. Finally, Wells Fargo & Company MN increased its position in Highland/iBoxx Senior Loan ETF by 14.3% during the 4th quarter. Wells Fargo & Company MN now owns 38,006 shares of the company valued at $604,000 after purchasing an additional 4,762 shares during the period.

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



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