Bank of New York Mellon Corp Grows Stock Holdings in Western Asset Total Return ETF (NASDAQ:WBND)

Bank of New York Mellon Corp grew its holdings in Western Asset Total Return ETF (NASDAQ:WBND) by 22.4% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 174,383 shares of the company’s stock after buying an additional 31,898 shares during the period. Bank of New York Mellon Corp owned approximately 8.72% of Western Asset Total Return ETF worth $3,477,000 as of its most recent filing with the Securities & Exchange Commission.

Separately, Financial Advocates Investment Management grew its position in Western Asset Total Return ETF by 53.8% in the fourth quarter. Financial Advocates Investment Management now owns 35,873 shares of the company’s stock worth $742,000 after acquiring an additional 12,555 shares in the last quarter.

Western Asset Total Return ETF Price Performance

Shares of NASDAQ WBND opened at $20.93 on Friday. Western Asset Total Return ETF has a 1-year low of $18.71 and a 1-year high of $20.93. The business’s 50 day moving average is $20.46 and its two-hundred day moving average is $20.10.

Western Asset Total Return ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a dividend of $0.0855 per share. This represents a $1.03 annualized dividend and a yield of 4.90%. The ex-dividend date was Tuesday, September 3rd. This is a positive change from Western Asset Total Return ETF’s previous monthly dividend of $0.08.

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.