Western Asset Total Return ETF (NASDAQ:WBND) Shares Down 0.4%

Western Asset Total Return ETF (NASDAQ:WBND – Get Rating)’s share price dropped 0.4% during mid-day trading on Wednesday . The stock traded as low as $20.37 and last traded at $20.37. Approximately 17,688 shares traded hands during mid-day trading, a decline of 30% from the average daily volume of 25,211 shares. The stock had previously closed at $20.46.

Western Asset Total Return ETF Stock Up 0.1 %

The company has a 50 day moving average price of $20.67 and a 200-day moving average price of $20.54.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Jane Street Group LLC increased its stake in shares of Western Asset Total Return ETF by 539.1% in the first quarter. Jane Street Group LLC now owns 420,374 shares of the company’s stock valued at $9,648,000 after buying an additional 354,598 shares during the period. Aveo Capital Partners LLC increased its position in Western Asset Total Return ETF by 0.6% during the 3rd quarter. Aveo Capital Partners LLC now owns 175,724 shares of the company’s stock valued at $3,403,000 after purchasing an additional 1,004 shares during the period. Landmark Wealth Management LLC increased its position in Western Asset Total Return ETF by 21.0% during the 1st quarter. Landmark Wealth Management LLC now owns 151,697 shares of the company’s stock valued at $3,152,000 after purchasing an additional 26,328 shares during the period. Allworth Financial LP increased its position in Western Asset Total Return ETF by 63.4% during the 1st quarter. Allworth Financial LP now owns 96,788 shares of the company’s stock valued at $2,011,000 after purchasing an additional 37,572 shares during the period. Finally, Royal Bank of Canada increased its position in Western Asset Total Return ETF by 49.2% during the 3rd quarter. Royal Bank of Canada now owns 72,585 shares of the company’s stock valued at $1,406,000 after purchasing an additional 23,931 shares during the period.

About Western Asset Total Return ETF

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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.