Western Asset Bond ETF (NASDAQ:WABF – Get Free Report) declared a dividend on Tuesday, June 30th, NASDAQ Dividends reports. Investors of record on Wednesday, July 1st will be given a dividend of 0.1124 per share on Tuesday, July 7th. The ex-dividend date of this dividend is Wednesday, July 1st.
Western Asset Bond ETF Trading Down 0.6%
WABF traded down $0.16 on Wednesday, hitting $24.83. 621 shares of the company’s stock were exchanged, compared to its average volume of 1,568. Western Asset Bond ETF has a fifty-two week low of $24.71 and a fifty-two week high of $25.79. The firm has a 50-day moving average price of $24.99 and a 200-day moving average price of $25.24.
Institutional Trading of Western Asset Bond ETF
Several large investors have recently bought and sold shares of WABF. JPMorgan Chase & Co. lifted its stake in Western Asset Bond ETF by 50.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,560 shares of the company’s stock worth $39,000 after purchasing an additional 524 shares in the last quarter. Encompass More Asset Management boosted its holdings in shares of Western Asset Bond ETF by 2.4% during the 4th quarter. Encompass More Asset Management now owns 50,953 shares of the company’s stock worth $1,292,000 after purchasing an additional 1,207 shares during the last quarter. Finally, Landmark Wealth Management LLC grew its position in shares of Western Asset Bond ETF by 6.3% in the fourth quarter. Landmark Wealth Management LLC now owns 146,079 shares of the company’s stock valued at $3,703,000 after purchasing an additional 8,612 shares in the last quarter.
About Western Asset Bond ETF
The Western Asset Bond ETF (WABF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund actively manages a portfolio comprised of USD-denominated debt instruments and fixed income securities of various maturities, with limited exposure to high yield, emerging market debts, and structured securities. The fund intends to use derivatives to gain exposure, manage risks, and enhance returns. WABF was launched on Sep 19, 2023 and is issued by Franklin Templeton.
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