Western Asset Bond ETF (WABF) To Go Ex-Dividend on September 1st

Western Asset Bond ETF (NASDAQ:WABF) announced a dividend on Monday, August 31st. Investors of record on Tuesday, September 1st will be paid a dividend of 0.0897 per share on Friday, September 4th. The ex-dividend date is Tuesday, September 1st.

Western Asset Bond ETF Stock Down 1.0%

NASDAQ:WABF opened at $24.25 on Wednesday. The company has a 50 day simple moving average of $24.64 and a two-hundred day simple moving average of $24.99. Western Asset Bond ETF has a 12 month low of $24.25 and a 12 month high of $25.79.

Institutional Trading of Western Asset Bond ETF

Several large investors have recently modified their holdings of WABF. JPMorgan Chase & Co. lifted its holdings in Western Asset Bond ETF by 50.6% in the second quarter. JPMorgan Chase & Co. now owns 1,560 shares of the company’s stock valued at $39,000 after acquiring an additional 524 shares during the period. Encompass More Asset Management boosted its position in Western Asset Bond ETF by 2.4% in the fourth quarter. Encompass More Asset Management now owns 50,953 shares of the company’s stock worth $1,292,000 after purchasing an additional 1,207 shares during the last quarter. Finally, Landmark Wealth Management LLC grew its stake in shares of Western Asset Bond ETF by 6.3% during the 4th quarter. Landmark Wealth Management LLC now owns 146,079 shares of the company’s stock valued at $3,703,000 after purchasing an additional 8,612 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.