Western Asset Short Duration Income ETF (NASDAQ:WINC) Shares Up 0.1%

Western Asset Short Duration Income ETF (NASDAQ:WINC) shot up 0.1% during mid-day trading on Wednesday . The stock traded as high as $23.84 and last traded at $23.82. 6,784 shares traded hands during trading, an increase of 132% from the average session volume of 2,928 shares. The stock had previously closed at $23.80.

Western Asset Short Duration Income ETF Trading Up 0.3 %

The company’s 50-day moving average is $23.83 and its 200-day moving average is $23.84.

Western Asset Short Duration Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, July 5th. Stockholders of record on Monday, July 1st will be paid a $0.0956 dividend. This is a positive change from Western Asset Short Duration Income ETF’s previous monthly dividend of $0.09. The ex-dividend date is Monday, July 1st. This represents a $1.15 annualized dividend and a dividend yield of 4.80%.

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.