Western Asset Total Return ETF (NASDAQ:WBND) Stock Price Down 0.1% – Here’s What Happened

Shares of Western Asset Total Return ETF (NASDAQ:WBND) traded down 0.1% on Tuesday . The stock traded as low as $19.70 and last traded at $19.72. 1,450 shares changed hands during 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 business has a 50 day simple moving average of $19.70 and a 200-day simple moving average of $20.14.

Western Asset Total Return ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a $0.0703 dividend. The ex-dividend date was Monday, February 3rd.

Institutional Investors Weigh In On Western Asset Total Return ETF

Large investors have recently made changes to their positions in the stock. LPL Financial LLC raised 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 boosted its position in Western Asset Total Return ETF by 1.5% during the 3rd quarter. Landmark Wealth Management LLC now owns 158,598 shares of the company’s stock worth $3,295,000 after acquiring an additional 2,387 shares during the last quarter. Allworth Financial LP grew its stake in shares of Western Asset Total Return ETF by 7.8% during the 3rd 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 in the last quarter. Jane Street Group LLC acquired a new stake in shares of Western Asset Total Return ETF in the third quarter valued at approximately $481,000. Finally, Flow Traders U.S. LLC bought a new stake in shares of Western Asset Total Return ETF in the third quarter worth $1,094,000.

About Western Asset Total Return ETF

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.