Western Asset Premier Bond Fund (NYSE:WEA) Share Price Passes Above 50 Day Moving Average of $11.01

Western Asset Premier Bond Fund (NYSE:WEA) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $11.01 and traded as high as $11.22. Western Asset Premier Bond Fund shares last traded at $11.10, with a volume of 18,428 shares changing hands.

Western Asset Premier Bond Fund Trading Down 0.1 %

The stock’s 50-day simple moving average is $11.01 and its 200-day simple moving average is $10.77.

Western Asset Premier Bond Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Thursday, November 21st will be paid a dividend of $0.07 per share. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $0.84 dividend on an annualized basis and a yield of 7.57%.

Institutional Trading of Western Asset Premier Bond Fund

Several large investors have recently modified their holdings of the stock. Benjamin F. Edwards & Company Inc. raised its stake in Western Asset Premier Bond Fund by 12.0% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 24,200 shares of the investment management company’s stock valued at $254,000 after purchasing an additional 2,592 shares in the last quarter. ProVise Management Group LLC increased its holdings in Western Asset Premier Bond Fund by 2.5% in the 2nd quarter. ProVise Management Group LLC now owns 125,249 shares of the investment management company’s stock valued at $1,314,000 after buying an additional 3,100 shares during the period. Private Advisor Group LLC raised its position in shares of Western Asset Premier Bond Fund by 9.4% in the 2nd quarter. Private Advisor Group LLC now owns 127,251 shares of the investment management company’s stock valued at $1,335,000 after buying an additional 10,978 shares in the last quarter. Consolidated Portfolio Review Corp lifted its holdings in shares of Western Asset Premier Bond Fund by 62.5% during the 2nd quarter. Consolidated Portfolio Review Corp now owns 205,204 shares of the investment management company’s stock worth $2,153,000 after acquiring an additional 78,895 shares during the period. Finally, Accuvest Global Advisors acquired a new stake in shares of Western Asset Premier Bond Fund during the 4th quarter worth approximately $356,000.

About Western Asset Premier Bond Fund

Western Asset Premier Bond Fund is a closed-ended fixed income mutual fund launched and managed by Western Asset Management Company. The fund is co-managed by Western Asset Management Company Limited, Western Asset Management Company Pte. Ltd., and Western Asset Management Company Ltd. It invests in the fixed income markets of the United States.