Encompass More Asset Management Takes $728,000 Position in Western Asset Bond ETF (NASDAQ:WABF)

Encompass More Asset Management acquired a new stake in shares of Western Asset Bond ETF (NASDAQ:WABF) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 27,549 shares of the company’s stock, valued at approximately $728,000. Encompass More Asset Management owned about 1.72% of Western Asset Bond ETF at the end of the most recent reporting period.

Western Asset Bond ETF Stock Up 0.3 %

Shares of NASDAQ WABF opened at $25.76 on Friday. The firm’s 50-day moving average price is $25.77 and its 200-day moving average price is $25.76. Western Asset Bond ETF has a 52-week low of $24.78 and a 52-week high of $26.64.

Western Asset Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were issued a $0.1196 dividend. This represents a $1.44 annualized dividend and a yield of 5.57%. The ex-dividend date was Friday, November 1st.

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.