Solana ETF (SOLZ) to Issue Dividend of $0.01 on March 19th

Solana ETF (NASDAQ:SOLZ) announced a dividend on Tuesday, March 17th, NASDAQ Dividends reports. Shareholders of record on Wednesday, March 18th will be given a dividend of 0.0136 per share on Thursday, March 19th. The ex-dividend date is Wednesday, March 18th.

Solana ETF Trading Down 5.7%

SOLZ stock opened at $9.07 on Thursday. Solana ETF has a 1-year low of $7.68 and a 1-year high of $27.12. The business’s 50 day moving average is $10.44 and its 200-day moving average is $15.41.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Galaxy Group Investments LLC bought a new position in shares of Solana ETF during the fourth quarter valued at $1,200,000. Captrust Financial Advisors acquired a new stake in shares of Solana ETF during the 4th quarter worth about $140,000. Mariner LLC acquired a new stake in shares of Solana ETF during the 4th quarter worth about $142,000. Kestra Advisory Services LLC bought a new position in Solana ETF during the 4th quarter valued at about $25,000. Finally, Visionary Wealth Advisors lifted its holdings in Solana ETF by 15.4% during the 4th quarter. Visionary Wealth Advisors now owns 13,210 shares of the company’s stock valued at $168,000 after purchasing an additional 1,760 shares during the last quarter.

About Solana ETF

​The Solana ETF is managed by Volatility Shares, a U.S.-based investment management firm specializing in exchange-traded funds (ETFs). SOLZ aims to provide investors with long-term capital appreciation through exposure to Solana, one of the fastest-growing blockchain ecosystems. The fund achieves this by investing in Solana futures contracts and/or swaps, without holding Solana directly.