Western Asset Total Return ETF (NASDAQ:WBND) Trading 0.1% Higher – Here’s Why

Western Asset Total Return ETF (NASDAQ:WBNDGet Free Report) shares traded up 0.1% on Thursday . The company traded as high as $20.00 and last traded at $19.96. 32,908 shares changed hands during mid-day trading, an increase of 208% from the average session volume of 10,672 shares. The stock had previously closed at $19.95.

Western Asset Total Return ETF Stock Performance

The company has a 50-day simple moving average of $19.80 and a 200-day simple moving average of $19.80.

Western Asset Total Return ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 5th. Investors of record on Monday, June 2nd were paid a $0.01 dividend. The ex-dividend date was Monday, June 2nd. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.60%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Citadel Advisors LLC boosted its position in shares of Western Asset Total Return ETF by 124.9% during the 4th quarter. Citadel Advisors LLC now owns 192,745 shares of the company’s stock worth $3,759,000 after purchasing an additional 107,048 shares in the last quarter. LPL Financial LLC lifted its stake in shares of Western Asset Total Return ETF by 2.8% in the fourth quarter. LPL Financial LLC now owns 79,344 shares of the company’s stock valued at $1,547,000 after purchasing an additional 2,148 shares during the period. Finally, Jane Street Group LLC lifted its stake in shares of Western Asset Total Return ETF by 26.1% in the fourth quarter. Jane Street Group LLC now owns 29,225 shares of the company’s stock valued at $570,000 after purchasing an additional 6,053 shares during the period.

About Western Asset Total Return ETF

(Get Free Report)

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.

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