Western Asset Premier Bond Fund (NYSE:WEA) Short Interest Update

Western Asset Premier Bond Fund (NYSE:WEA) saw a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 9,200 shares, a decrease of 22.7% from the November 30th total of 11,900 shares. Based on an average trading volume of 31,200 shares, the short-interest ratio is currently 0.3 days.

Western Asset Premier Bond Fund Stock Down 0.9 %

WEA opened at $10.78 on Friday. The firm’s fifty day simple moving average is $11.01 and its two-hundred day simple moving average is $10.96. Western Asset Premier Bond Fund has a 52-week low of $10.40 and a 52-week high of $11.34.

Western Asset Premier Bond Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 21st will be paid a $0.07 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 7.79%. The ex-dividend date of this dividend is Friday, February 21st.

Institutional Investors Weigh In On Western Asset Premier Bond Fund

Large investors have recently bought and sold shares of the company. Integrated Wealth Concepts LLC lifted its position in shares of Western Asset Premier Bond Fund by 2.1% in the third quarter. Integrated Wealth Concepts LLC now owns 57,726 shares of the investment management company’s stock valued at $651,000 after acquiring an additional 1,200 shares in the last quarter. Insight Wealth Partners LLC lifted its holdings in Western Asset Premier Bond Fund by 1.8% in the 3rd quarter. Insight Wealth Partners LLC now owns 84,295 shares of the investment management company’s stock valued at $951,000 after purchasing an additional 1,451 shares in the last quarter. Benjamin F. Edwards & Company Inc. boosted its stake in Western Asset Premier Bond Fund by 12.0% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 24,200 shares of the investment management company’s stock worth $254,000 after purchasing an additional 2,592 shares during the last quarter. Fiera Capital Corp grew its holdings in shares of Western Asset Premier Bond Fund by 1.8% during the third quarter. Fiera Capital Corp now owns 152,479 shares of the investment management company’s stock worth $1,720,000 after buying an additional 2,752 shares in the last quarter. Finally, ProVise Management Group LLC raised its position in shares of Western Asset Premier Bond Fund by 2.5% in the second quarter. ProVise Management Group LLC now owns 125,249 shares of the investment management company’s stock valued at $1,314,000 after buying an additional 3,100 shares during the last quarter.

About Western Asset Premier Bond Fund

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.