Harbor Scientific Alpha High-Yield ETF (NYSEARCA:SIHY) Declares Dividend Increase – $0.30 Per Share

Harbor Scientific Alpha High-Yield ETF (NYSEARCA:SIHYGet Free Report) announced a dividend on Thursday, March 28th, NASDAQ reports. Shareholders of record on Tuesday, April 2nd will be given a dividend of 0.2994 per share on Thursday, April 4th. The ex-dividend date of this dividend is Monday, April 1st. This is a boost from Harbor Scientific Alpha High-Yield ETF’s previous dividend of $0.28.

Harbor Scientific Alpha High-Yield ETF Price Performance

NYSEARCA SIHY opened at $45.52 on Friday. The business has a fifty day moving average price of $45.19 and a 200 day moving average price of $44.29. Harbor Scientific Alpha High-Yield ETF has a one year low of $41.95 and a one year high of $45.93.

Institutional Investors Weigh In On Harbor Scientific Alpha High-Yield ETF

A number of hedge funds have recently modified their holdings of SIHY. Royal Bank of Canada grew its holdings in Harbor Scientific Alpha High-Yield ETF by 12.8% in the 4th quarter. Royal Bank of Canada now owns 31,599 shares of the company’s stock valued at $1,430,000 after buying an additional 3,579 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in Harbor Scientific Alpha High-Yield ETF during the fourth quarter worth about $55,000. LPL Financial LLC raised its stake in Harbor Scientific Alpha High-Yield ETF by 2.4% during the third quarter. LPL Financial LLC now owns 34,323 shares of the company’s stock worth $1,474,000 after purchasing an additional 794 shares during the period. Osaic Holdings Inc. boosted its holdings in Harbor Scientific Alpha High-Yield ETF by 2,226.9% in the 2nd quarter. Osaic Holdings Inc. now owns 43,908 shares of the company’s stock valued at $1,910,000 after purchasing an additional 42,021 shares during the last quarter. Finally, Advisory Services Network LLC purchased a new stake in shares of Harbor Scientific Alpha High-Yield ETF in the 1st quarter valued at approximately $27,000.

About Harbor Scientific Alpha High-Yield ETF

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The Harbor Scientific Alpha High-Yield ETF (SIHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund of high-yield, USD-denominated corporate bonds selected based on a proprietary scientific method. SIHY was launched on Sep 14, 2021 and is managed by Harbor.

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