Western Asset Premier Bond Fund (NYSE:WEA) Shares Pass Below 200 Day Moving Average of $12.69

Shares of Western Asset Premier Bond Fund (NYSE:WEAGet Rating) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $12.69 and traded as low as $10.95. Western Asset Premier Bond Fund shares last traded at $11.24, with a volume of 21,554 shares changing hands.

The stock’s fifty day moving average price is $11.42 and its 200 day moving average price is $12.67.

The business also recently declared a monthly dividend, which will be paid on Monday, October 3rd. Stockholders of record on Friday, September 23rd will be given a $0.066 dividend. This represents a $0.79 annualized dividend and a dividend yield of 6.97%. The ex-dividend date of this dividend is Thursday, September 22nd.

Institutional investors and hedge funds have recently bought and sold shares of the company. Oppenheimer & Co. Inc. raised its position in Western Asset Premier Bond Fund by 3.6% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 36,853 shares of the investment management company’s stock worth $520,000 after buying an additional 1,281 shares during the last quarter. Raymond James & Associates raised its position in Western Asset Premier Bond Fund by 15.8% in the 3rd quarter. Raymond James & Associates now owns 14,547 shares of the investment management company’s stock worth $205,000 after buying an additional 1,985 shares during the last quarter. Cetera Investment Advisers raised its position in Western Asset Premier Bond Fund by 5.4% in the 1st quarter. Cetera Investment Advisers now owns 40,934 shares of the investment management company’s stock worth $491,000 after buying an additional 2,092 shares during the last quarter. Fiera Capital Corp raised its position in Western Asset Premier Bond Fund by 2.9% in the 4th quarter. Fiera Capital Corp now owns 85,748 shares of the investment management company’s stock worth $1,229,000 after buying an additional 2,422 shares during the last quarter. Finally, LPL Financial LLC raised its position in Western Asset Premier Bond Fund by 2.9% in the 3rd quarter. LPL Financial LLC now owns 109,352 shares of the investment management company’s stock worth $1,544,000 after buying an additional 3,040 shares during the last quarter.

Western Asset Premier Bond Fund Company Profile (NYSE:WEA)

Western Asset Premier Bond Fund is a closed-ended fixed income mutual fund launched and managed by Western Asset Management Company. The fund is co-managed by Western Asset Management Company Limited, Western Asset Management Company Pte. Ltd., and Western Asset Management Company Ltd. It invests in the fixed income markets of the United States.

See Also

Receive News & Ratings for Western Asset Premier Bond Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Western Asset Premier Bond Fund and related companies with MarketBeat.com's FREE daily email newsletter.