Western Asset Bond ETF (NASDAQ:WABF) Announces Dividend of $0.13

Western Asset Bond ETF (NASDAQ:WABF) announced a dividend on Thursday, April 30th, NASDAQ Dividends reports. Stockholders of record on Friday, May 1st will be paid a dividend of 0.13 per share on Wednesday, May 6th. The ex-dividend date is Friday, May 1st.

Western Asset Bond ETF Price Performance

Shares of WABF stock remained flat at $25.16 on Friday. 524 shares of the stock traded hands, compared to its average volume of 1,923. Western Asset Bond ETF has a 12-month low of $24.52 and a 12-month high of $25.79. The business has a 50 day moving average price of $25.31 and a 200 day moving average price of $25.42.

Institutional Trading of Western Asset Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of WABF. JPMorgan Chase & Co. raised its position in shares of Western Asset Bond ETF by 50.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,560 shares of the company’s stock valued at $39,000 after purchasing an additional 524 shares during the period. Encompass More Asset Management raised its position 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 valued at $1,292,000 after purchasing an additional 1,207 shares during the period. Finally, Landmark Wealth Management LLC raised its position in shares of Western Asset Bond ETF by 7.2% during the 3rd quarter. Landmark Wealth Management LLC now owns 137,467 shares of the company’s stock valued at $3,506,000 after purchasing an additional 9,260 shares during the period.

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.