Western Asset Total Return ETF (NASDAQ:WBND) Trading Down 0.3% – What’s Next?

Western Asset Total Return ETF (NASDAQ:WBND) fell 0.3% during mid-day trading on Tuesday . The company traded as low as $20.02 and last traded at $20.03. 30,331 shares were traded during trading, an increase of 106% from the average session volume of 14,758 shares. The stock had previously closed at $20.10.

Western Asset Total Return ETF Trading Down 0.3 %

The business’s fifty day moving average price is $20.25 and its 200-day moving average price is $20.25.

Western Asset Total Return ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were issued a dividend of $0.0526 per share. This represents a $0.63 dividend on an annualized basis and a dividend yield of 3.15%. The ex-dividend date of this dividend was Friday, November 1st.

Institutional Trading of Western Asset Total Return ETF

A number of hedge funds have recently made changes to their positions in WBND. Jane Street Group LLC bought a new stake in shares of Western Asset Total Return ETF during the 3rd quarter worth $481,000. Flow Traders U.S. LLC purchased a new position in Western Asset Total Return ETF in the 3rd quarter worth $1,094,000. Landmark Wealth Management LLC raised its position in Western Asset Total Return ETF by 1.5% in the 3rd quarter. Landmark Wealth Management LLC now owns 158,598 shares of the company’s stock worth $3,295,000 after purchasing an additional 2,387 shares during the period. Bank of New York Mellon Corp raised its position in Western Asset Total Return ETF by 22.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 174,383 shares of the company’s stock worth $3,477,000 after purchasing an additional 31,898 shares during the period. Finally, Atria Investments Inc raised its position in Western Asset Total Return ETF by 0.5% in the 1st quarter. Atria Investments Inc now owns 232,120 shares of the company’s stock worth $4,682,000 after purchasing an additional 1,133 shares during the period.

Western Asset Total Return ETF Company Profile

The Western Asset Total Return ETF (WBND) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of fixed income securities from any geography with any credit rating. WBND was launched on Oct 3, 2018 and is managed by Franklin Templeton.