Grayscale Solana Trust ETF (GSOL) To Go Ex-Dividend on November 3rd

Grayscale Solana Trust ETF (NYSEARCA:GSOL) announced a monthly dividend on Monday, November 2nd. Shareholders of record on Tuesday, November 3rd will be given a dividend of $0.0350 per share by the business services provider on Wednesday, November 4th. This represents a $0.42 annualized dividend and a yield of 6.0%. The ex-dividend date is Tuesday, November 3rd. This is a 7.4% increase from Grayscale Solana Trust ETF’s previous monthly dividend of $0.0326.

Grayscale Solana Trust ETF Stock Performance

NYSEARCA GSOL opened at $7.05 on Wednesday. The company has a 50-day simple moving average of $8.08 and a two-hundred day simple moving average of $6.80. Grayscale Solana Trust ETF has a 12-month low of $4.61 and a 12-month high of $12.26.

Institutional Investors Weigh In On Grayscale Solana Trust ETF

Several institutional investors have recently bought and sold shares of the stock. Miller Global Investments LLC purchased a new position in Grayscale Solana Trust ETF in the 2nd quarter worth approximately $675,000. SkyView Investment Advisors LLC bought a new stake in Grayscale Solana Trust ETF in the second quarter valued at approximately $249,000. StoneX Group Inc. bought a new stake in Grayscale Solana Trust ETF in the third quarter valued at approximately $111,000. Ascentis Independent Advisors purchased a new stake in shares of Grayscale Solana Trust ETF during the first quarter valued at approximately $80,000. Finally, CYBER HORNET ETFs LLC purchased a new stake in shares of Grayscale Solana Trust ETF during the second quarter valued at approximately $78,000. 11.78% of the stock is currently owned by hedge funds and other institutional investors.

Grayscale Solana Trust ETF Company Profile

Global Sources Ltd. is a business-to-business (B2B) media company that provides information and integrated marketing services, with a particular focus on the Greater China market. The Company, together with its subsidiaries, provides services that allow global buyers to identify suppliers and products, and enable suppliers to market their products to a number of buyers. Its segments include Exhibitions, Online and other Media Services, and All Other segments. It has presence across a range of industry sectors, including electronics, fashion accessories, hardware and gifts.