Western Asset Bond ETF (NASDAQ:WABF) Plans Dividend Increase – $0.12 Per Share

Western Asset Bond ETF (NASDAQ:WABF) declared a monthly dividend on Wednesday, July 31st, NASDAQ reports. Shareholders of record on Thursday, August 1st will be paid a dividend of 0.1189 per share on Tuesday, August 6th. This represents a $1.43 dividend on an annualized basis and a dividend yield of 5.51%. The ex-dividend date of this dividend is Thursday, August 1st. This is a boost from Western Asset Bond ETF’s previous monthly dividend of $0.10.

Western Asset Bond ETF Stock Performance

Shares of WABF traded up $0.13 during trading on Thursday, reaching $25.88. The company’s stock had a trading volume of 67 shares, compared to its average volume of 2,263. The company has a fifty day moving average of $25.43 and a two-hundred day moving average of $25.43. Western Asset Bond ETF has a twelve month low of $23.70 and a twelve month high of $26.21.

About Western Asset Bond ETF

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.