Western Asset Total Return ETF (NASDAQ:WBND) Short Interest Down 93.3% in July

Western Asset Total Return ETF (NASDAQ:WBND) saw a significant decline in short interest in July. As of July 31st, there was short interest totalling 800 shares, a decline of 93.3% from the July 15th total of 12,000 shares. Based on an average daily volume of 7,100 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On Western Asset Total Return ETF

Several large investors have recently made changes to their positions in the business. Atria Investments Inc lifted its position in shares of Western Asset Total Return ETF by 0.5% in the first quarter. Atria Investments Inc now owns 232,120 shares of the company’s stock valued at $4,682,000 after acquiring an additional 1,133 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of Western Asset Total Return ETF by 22.4% in the second quarter. Bank of New York Mellon Corp now owns 174,383 shares of the company’s stock valued at $3,477,000 after acquiring an additional 31,898 shares in the last quarter. Landmark Wealth Management LLC lifted its position in shares of Western Asset Total Return ETF by 5.0% in the first quarter. Landmark Wealth Management LLC now owns 171,036 shares of the company’s stock valued at $3,450,000 after acquiring an additional 8,182 shares in the last quarter. Cary Street Partners Asset Management LLC lifted its position in shares of Western Asset Total Return ETF by 80.0% in the fourth quarter. Cary Street Partners Asset Management LLC now owns 62,948 shares of the company’s stock valued at $1,302,000 after acquiring an additional 27,984 shares in the last quarter. Finally, Financial Advocates Investment Management lifted its position in shares of Western Asset Total Return ETF by 53.8% in the fourth quarter. Financial Advocates Investment Management now owns 35,873 shares of the company’s stock valued at $742,000 after acquiring an additional 12,555 shares in the last quarter.

Western Asset Total Return ETF Price Performance

Shares of Western Asset Total Return ETF stock traded up $0.03 during trading hours on Monday, hitting $20.48. The company’s stock had a trading volume of 2,153 shares, compared to its average volume of 12,643. The business has a 50 day moving average price of $20.13 and a two-hundred day moving average price of $20.01. Western Asset Total Return ETF has a 12-month low of $18.71 and a 12-month high of $20.78.

Western Asset Total Return ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, August 6th. Stockholders of record on Thursday, August 1st were given a $0.0975 dividend. This represents a $1.17 annualized dividend and a dividend yield of 5.71%. This is an increase from Western Asset Total Return ETF’s previous monthly dividend of $0.08. The ex-dividend date of this dividend was Thursday, August 1st.

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.