Western Asset Short Duration Income ETF (NASDAQ:WINC) Short Interest Update

Posted by MarketBeat News on Sep 28th, 2024

Western Asset Short Duration Income ETF (NASDAQ:WINC – Get Free Report) was the recipient of a significant growth in short interest in the month of September. As of September 15th, there was short interest totalling 1,300 shares, a growth of 18.2% from the August 31st total of 1,100 shares. Based on an average daily trading volume, of 6,400 shares, the short-interest ratio is presently 0.2 days.

Western Asset Short Duration Income ETF Stock Up 0.2 %

WINC opened at $24.37 on Friday. Western Asset Short Duration Income ETF has a 12-month low of $23.07 and a 12-month high of $24.37. The business has a 50 day moving average of $24.17 and a 200-day moving average of $23.95.

Western Asset Short Duration Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, September 6th. Shareholders 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 4.21%. The ex-dividend date of this dividend was Tuesday, September 3rd.

Hedge Funds Weigh In On Western Asset Short Duration Income ETF

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An institutional investor recently bought a new position in Western Asset Short Duration Income ETF stock. Financial Advocates Investment Management acquired a new position in shares of Western Asset Short Duration Income ETF (NASDAQ:WINC – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 8,731 shares of the company’s stock, valued at approximately $208,000. Financial Advocates Investment Management owned about 1.75% of Western Asset Short Duration Income ETF as of its most recent SEC filing.

Western Asset Short Duration Income ETF Company Profile

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The Western Asset Short Duration Income ETF (WINC) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively-managed portfolio of USD-denominated, short-term corporate debt securities issued by US or foreign entities. WINC was launched on Feb 7, 2019 and is managed by Franklin Templeton.