Highland/iBoxx Senior Loan ETF (NASDAQ:SNLN – Get Rating) shares traded up 0.1% during mid-day trading on Wednesday . The company traded as high as $14.56 and last traded at $14.44. 1,669 shares changed hands during trading, a decline of 65% from the average session volume of 4,784 shares. The stock had previously closed at $14.42.
Highland/iBoxx Senior Loan ETF Trading Up 0.1 %
The business’s 50-day moving average price is $14.55 and its 200-day moving average price is $14.65.
Highland/iBoxx Senior Loan ETF Increases Dividend
The firm also recently announced a monthly dividend, which will be paid on Wednesday, May 31st. Stockholders of record on Tuesday, May 16th will be paid a dividend of $0.096 per share. This is an increase from Highland/iBoxx Senior Loan ETF’s previous monthly dividend of $0.09. The ex-dividend date is Monday, May 15th. This represents a $1.15 annualized dividend and a dividend yield of 7.97%.
Institutional Inflows and Outflows
Highland/iBoxx Senior Loan ETF Company Profile
The Highland\u002FiBoxx Senior Loan ETF (SNLN) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index comprised of 100 senior loans with at least one year remaining in maturity. Loans are selected by liquidity and weighted by market value. SNLN was launched on Nov 8, 2012 and is managed by Highland.
- Get a free copy of the StockNews.com research report on Highland/iBoxx Senior Loan ETF (SNLN)
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