Western Asset Total Return ETF (NASDAQ:WBND) Trading Down 0.1% – Should You Sell?

Western Asset Total Return ETF (NASDAQ:WBND)’s stock price traded down 0.1% during trading on Tuesday . The stock traded as low as $19.70 and last traded at $19.72. 1,450 shares were traded during mid-day trading, a decline of 66% from the average session volume of 4,320 shares. The stock had previously closed at $19.74.

Western Asset Total Return ETF Stock Down 0.1 %

The company’s fifty day moving average price is $19.70 and its two-hundred day moving average price is $20.14.

Western Asset Total Return ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a dividend of $0.0703 per share. The ex-dividend date of this dividend was Monday, February 3rd.

Hedge Funds Weigh In On Western Asset Total Return ETF

Institutional investors have recently bought and sold shares of the business. Jane Street Group LLC bought a new stake in shares of Western Asset Total Return ETF during the third quarter valued at approximately $481,000. Flow Traders U.S. LLC acquired a new position in Western Asset Total Return ETF during the 3rd quarter worth $1,094,000. LPL Financial LLC boosted its position in Western Asset Total Return ETF by 2.8% in the 4th quarter. LPL Financial LLC now owns 79,344 shares of the company’s stock valued at $1,547,000 after buying an additional 2,148 shares during the last quarter. Landmark Wealth Management LLC increased its stake in shares of 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 valued at $3,295,000 after buying an additional 2,387 shares during the period. Finally, Allworth Financial LP raised its position in shares of Western Asset Total Return ETF by 7.8% during the third quarter. Allworth Financial LP now owns 245,432 shares of the company’s stock worth $5,099,000 after acquiring an additional 17,787 shares during the last quarter.

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.