Landscape Capital Management L.L.C. decreased its position in shares of Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD - Free Report) by 86.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 20,712 shares of the company's stock after selling 127,958 shares during the period. Landscape Capital Management L.L.C. owned 0.07% of Western Asset Emerging Markets Debt Fund worth $211,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently bought and sold shares of the company. Comerica Bank boosted its stake in shares of Western Asset Emerging Markets Debt Fund by 9.5% during the 1st quarter. Comerica Bank now owns 29,655 shares of the company's stock worth $285,000 after acquiring an additional 2,573 shares in the last quarter. Cetera Investment Advisers boosted its stake in shares of Western Asset Emerging Markets Debt Fund by 9.2% during the 1st quarter. Cetera Investment Advisers now owns 270,657 shares of the company's stock worth $2,601,000 after acquiring an additional 22,829 shares in the last quarter. Cetera Advisors LLC bought a new stake in shares of Western Asset Emerging Markets Debt Fund during the 1st quarter worth about $2,382,000. Hoylecohen LLC bought a new stake in shares of Western Asset Emerging Markets Debt Fund during the 2nd quarter worth about $172,000. Finally, Raymond James & Associates boosted its stake in shares of Western Asset Emerging Markets Debt Fund by 8.5% during the 2nd quarter. Raymond James & Associates now owns 193,978 shares of the company's stock worth $1,806,000 after acquiring an additional 15,142 shares in the last quarter. Institutional investors and hedge funds own 33.05% of the company's stock.
Western Asset Emerging Markets Debt Fund Stock Performance
Shares of EMD traded down $0.09 during trading hours on Tuesday, hitting $9.83. 130,098 shares of the company were exchanged, compared to its average volume of 204,831. The firm's 50 day moving average is $9.97 and its 200-day moving average is $9.73. Western Asset Emerging Markets Debt Fund Inc. has a 52 week low of $8.53 and a 52 week high of $10.33.
Western Asset Emerging Markets Debt Fund Cuts Dividend
The firm also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 23rd will be given a dividend of $0.0875 per share. The ex-dividend date is Monday, December 23rd.
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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