Landmark Wealth Management LLC Invests $3.06 Million in Western Asset Bond ETF (NASDAQ:WABF)

Landmark Wealth Management LLC acquired a new stake in shares of Western Asset Bond ETF (NASDAQ:WABF) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 123,005 shares of the company’s stock, valued at approximately $3,059,000. Western Asset Bond ETF accounts for about 1.4% of Landmark Wealth Management LLC’s investment portfolio, making the stock its 23rd biggest holding. Landmark Wealth Management LLC owned approximately 7.69% of Western Asset Bond ETF at the end of the most recent reporting period.

Separately, Franklin Resources Inc. raised its holdings in shares of Western Asset Bond ETF by 55.6% during the third quarter. Franklin Resources Inc. now owns 700,000 shares of the company’s stock valued at $18,106,000 after buying an additional 250,000 shares during the last quarter.

Western Asset Bond ETF Trading Up 0.5 %

Shares of NASDAQ WABF opened at $25.06 on Tuesday. Western Asset Bond ETF has a 12-month low of $24.56 and a 12-month high of $26.64. The stock has a 50 day simple moving average of $25.14 and a 200-day simple moving average of $25.68.

Western Asset Bond ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Wednesday, December 18th. Shareholders of record on Friday, December 13th were given a dividend of $0.3373 per share. The ex-dividend date was Friday, December 13th.

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.