Western Asset Short Duration Income ETF (NASDAQ:WINC) Announces Dividend of $0.10

Western Asset Short Duration Income ETF (NASDAQ:WINC) declared a dividend on Thursday, March 28th, NASDAQ reports. Stockholders of record on Tuesday, April 2nd will be paid a dividend of 0.0956 per share on Thursday, April 4th. The ex-dividend date of this dividend is Monday, April 1st. This is a positive change from Western Asset Short Duration Income ETF’s previous dividend of $0.09.

Western Asset Short Duration Income ETF Price Performance

NASDAQ:WINC traded down $0.02 during midday trading on Friday, hitting $23.93. 472 shares of the company were exchanged, compared to its average volume of 2,801. Western Asset Short Duration Income ETF has a fifty-two week low of $23.07 and a fifty-two week high of $24.02. The company has a fifty day simple moving average of $23.87 and a 200 day simple moving average of $23.64.

Institutional Trading of Western Asset Short Duration Income ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in WINC. Janney Montgomery Scott LLC purchased a new position in Western Asset Short Duration Income ETF during the 4th quarter worth approximately $314,000. Susquehanna International Group LLP purchased a new position in shares of Western Asset Short Duration Income ETF during the first quarter worth approximately $238,000. Jane Street Group LLC increased its holdings in shares of Western Asset Short Duration Income ETF by 87.0% in the 1st quarter. Jane Street Group LLC now owns 118,675 shares of the company’s stock valued at $2,805,000 after acquiring an additional 55,196 shares during the period. UBS Group AG raised its position in Western Asset Short Duration Income ETF by 3,098.7% in the 1st quarter. UBS Group AG now owns 5,086 shares of the company’s stock valued at $120,000 after purchasing an additional 4,927 shares during the last quarter. Finally, LPL Financial LLC boosted its stake in Western Asset Short Duration Income ETF by 11.5% during the 1st quarter. LPL Financial LLC now owns 49,060 shares of the company’s stock worth $1,160,000 after purchasing an additional 5,050 shares during the period.

About Western Asset Short Duration Income ETF

The Western Asset Short Duration Income ETF (WINC) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively-managed portfolio of USD-denominated, short-term corporate debt securities issued by US or foreign entities. WINC was launched on Feb 7, 2019 and is managed by Franklin Templeton.