Western Asset Total Return ETF (NASDAQ:WBND) to Issue Dividend Increase – $0.07 Per Share

Western Asset Total Return ETF (NASDAQ:WBNDGet Rating) declared a monthly dividend on Thursday, June 30th, Zacks reports. Stockholders of record on Tuesday, July 5th will be paid a dividend of 0.066 per share on Thursday, July 7th. This represents a $0.79 annualized dividend and a dividend yield of 3.72%. The ex-dividend date is Friday, July 1st. This is an increase from Western Asset Total Return ETF’s previous monthly dividend of $0.04.

Shares of WBND stock opened at $21.30 on Friday. The stock has a 50 day simple moving average of $21.44 and a 200-day simple moving average of $23.42. Western Asset Total Return ETF has a 1-year low of $20.42 and a 1-year high of $27.49.

A number of hedge funds have recently modified their holdings of the stock. UBS Group AG raised its holdings in Western Asset Total Return ETF by 85.7% during the first quarter. UBS Group AG now owns 2,436 shares of the company’s stock worth $56,000 after purchasing an additional 1,124 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its position in Western Asset Total Return ETF by 16.9% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 47,216 shares of the company’s stock worth $1,084,000 after buying an additional 6,814 shares in the last quarter. Atria Wealth Solutions Inc. purchased a new position in Western Asset Total Return ETF during the first quarter worth $213,000. Royal Bank of Canada increased its position in Western Asset Total Return ETF by 1,782.2% during the first quarter. Royal Bank of Canada now owns 22,210 shares of the company’s stock worth $510,000 after buying an additional 21,030 shares in the last quarter. Finally, Raymond James & Associates purchased a new position in Western Asset Total Return ETF during the first quarter worth $855,000.

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Dividend History for Western Asset Total Return ETF (NASDAQ:WBND)

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