Western Asset Bond ETF (NASDAQ:WABF) Short Interest Update

Western Asset Bond ETF (NASDAQ:WABF) was the recipient of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 209 shares, a decline of 91.9% from the July 30th total of 2,582 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 3,957 shares, the short-interest ratio is currently 0.1 days.

Western Asset Bond ETF Price Performance

Shares of WABF stock opened at $24.63 on Wednesday. Western Asset Bond ETF has a 12-month low of $24.41 and a 12-month high of $25.79. The business has a 50 day simple moving average of $24.68 and a 200 day simple moving average of $25.02.

Western Asset Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were issued a $0.1201 dividend. The ex-dividend date of this dividend was Monday, August 3rd. This represents a c) annualized dividend and a yield of 5.9%.

Institutional Trading of Western Asset Bond ETF

A number of institutional investors have recently made changes to their positions in the stock. Wilson & Boucher Capital Management LLC acquired a new stake in shares of Western Asset Bond ETF during the second quarter valued at approximately $120,000. JPMorgan Chase & Co. boosted its stake in Western Asset Bond ETF by 50.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,560 shares of the company’s stock worth $39,000 after purchasing an additional 524 shares during the period. Landmark Wealth Management LLC boosted its stake in Western Asset Bond ETF by 6.3% in the 4th quarter. Landmark Wealth Management LLC now owns 146,079 shares of the company’s stock worth $3,703,000 after purchasing an additional 8,612 shares during the period. Finally, Encompass More Asset Management grew its position in Western Asset Bond ETF by 2.4% during the 4th 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 in the last quarter.

Western Asset Bond ETF Company Profile

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.