Western Asset Total Return ETF (NASDAQ:WBND) Short Interest Update

Western Asset Total Return ETF (NASDAQ:WBND – Get Rating) was the target of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 400 shares, a decrease of 88.9% from the March 31st total of 3,600 shares. Based on an average daily trading volume, of 56,500 shares, the days-to-cover ratio is currently 0.0 days.

WBND traded up $0.07 during trading on Wednesday, hitting $21.97. The stock had a trading volume of 460,139 shares, compared to its average volume of 51,074. The business’s 50 day simple moving average is $23.15. Western Asset Total Return ETF has a twelve month low of $21.77 and a twelve month high of $27.49.

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, April 6th. Stockholders of record on Monday, April 4th were given a $0.067 dividend. This is a boost from Western Asset Total Return ETF’s previous monthly dividend of $0.05. The ex-dividend date of this dividend was Friday, April 1st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.66%.

Several hedge funds have recently modified their holdings of WBND. Mercer Global Advisors Inc. ADV increased its holdings in shares of Western Asset Total Return ETF by 6.5% during the third quarter. Mercer Global Advisors Inc. ADV now owns 888,464 shares of the company’s stock valued at $23,949,000 after acquiring an additional 54,280 shares in the last quarter. Edmonds Duncan Registered Investment Advisors LLC increased its stake in Western Asset Total Return ETF by 2.4% during the 1st quarter. Edmonds Duncan Registered Investment Advisors LLC now owns 611,411 shares of the company’s stock valued at $14,032,000 after purchasing an additional 14,553 shares in the last quarter. Magnus Financial Group LLC increased its stake in Western Asset Total Return ETF by 1.1% during the 4th quarter. Magnus Financial Group LLC now owns 600,498 shares of the company’s stock valued at $15,751,000 after purchasing an additional 6,375 shares in the last quarter. Arden Trust Co raised its holdings in shares of Western Asset Total Return ETF by 2.3% in the first quarter. Arden Trust Co now owns 481,505 shares of the company’s stock worth $11,051,000 after buying an additional 10,784 shares during the last quarter. Finally, Franklin Resources Inc. acquired a new stake in shares of Western Asset Total Return ETF during the third quarter worth $11,911,000.

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