JPMorgan Chase & Co. Cuts Holdings in Western Asset Total Return ETF (NASDAQ:WBND)

JPMorgan Chase & Co. lowered its stake in shares of Western Asset Total Return ETF (NASDAQ:WBND) by 44.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 175,293 shares of the company’s stock after selling 139,216 shares during the period. JPMorgan Chase & Co. owned 0.15% of Western Asset Total Return ETF worth $3,642,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of WBND. Jane Street Group LLC bought a new position in Western Asset Total Return ETF in the third quarter worth about $481,000. Flow Traders U.S. LLC bought a new position in shares of Western Asset Total Return ETF during the 3rd quarter worth approximately $1,094,000. Landmark Wealth Management LLC lifted its position in Western Asset Total Return ETF by 1.5% during the third quarter. Landmark Wealth Management LLC now owns 158,598 shares of the company’s stock valued at $3,295,000 after acquiring an additional 2,387 shares during the last quarter. Allworth Financial LP boosted its stake in Western Asset Total Return ETF by 7.8% in the third quarter. Allworth Financial LP now owns 245,432 shares of the company’s stock valued at $5,099,000 after acquiring an additional 17,787 shares in the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in Western Asset Total Return ETF in the second quarter valued at approximately $10,478,000.

Western Asset Total Return ETF Stock Up 0.0 %

Shares of WBND stock opened at $19.62 on Friday. Western Asset Total Return ETF has a 12-month low of $19.10 and a 12-month high of $20.98. The business’s fifty day simple moving average is $19.79 and its 200-day simple moving average is $20.19.

Western Asset Total Return ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Thursday, December 26th were paid a $0.072 dividend. The ex-dividend date of this dividend was Thursday, December 26th.

Western Asset Total Return ETF Company Profile

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.