LPL Financial LLC boosted its holdings in shares of Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD - Free Report) by 34.7% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 791,328 shares of the company's stock after acquiring an additional 204,050 shares during the period. LPL Financial LLC owned 2.76% of Western Asset Emerging Markets Debt Fund worth $7,613,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds also recently made changes to their positions in EMD. Advisors Asset Management Inc. grew its stake in shares of Western Asset Emerging Markets Debt Fund by 24.6% during the fourth quarter. Advisors Asset Management Inc. now owns 502,914 shares of the company's stock worth $4,838,000 after purchasing an additional 99,437 shares during the period. Rareview Capital LLC boosted its holdings in Western Asset Emerging Markets Debt Fund by 4.3% during the fourth quarter. Rareview Capital LLC now owns 358,016 shares of the company's stock worth $3,645,000 after buying an additional 14,814 shares during the last quarter. Raymond James Financial Inc. bought a new position in Western Asset Emerging Markets Debt Fund during the fourth quarter worth about $3,122,000. Integrated Wealth Concepts LLC grew its position in shares of Western Asset Emerging Markets Debt Fund by 1.1% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 106,669 shares of the company's stock worth $1,086,000 after buying an additional 1,190 shares during the period. Finally, D.A. Davidson & CO. increased its stake in shares of Western Asset Emerging Markets Debt Fund by 3.9% in the 4th quarter. D.A. Davidson & CO. now owns 76,013 shares of the company's stock valued at $731,000 after acquiring an additional 2,862 shares during the last quarter. Institutional investors own 33.05% of the company's stock.
Western Asset Emerging Markets Debt Fund Stock Down 3.7 %
Western Asset Emerging Markets Debt Fund stock traded down $0.33 during midday trading on Thursday, hitting $8.69. 327,932 shares of the stock were exchanged, compared to its average volume of 201,289. The company has a fifty day simple moving average of $9.72 and a two-hundred day simple moving average of $9.83. Western Asset Emerging Markets Debt Fund Inc. has a 52 week low of $8.56 and a 52 week high of $10.33.
Western Asset Emerging Markets Debt Fund Announces Dividend
The company also recently announced a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th were issued a $0.09 dividend. The ex-dividend date was Monday, March 24th. This represents a yield of 10.92%.
About Western Asset Emerging Markets Debt Fund
(
Free Report)
Western Asset Emerging Markets Debt Fund Inc is an open ended fixed-income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company, Western Asset Management Company Limited and Western Asset Management Company Pte. Ltd. The fund invests in fixed income markets of emerging market countries across the globe.
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