Cercano Management LLC acquired a new position in Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 1,181,316 shares of the company's stock, valued at approximately $11,364,000. Cercano Management LLC owned about 4.13% of Western Asset Emerging Markets Debt Fund at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of the business. Wells Fargo & Company MN boosted its holdings in shares of Western Asset Emerging Markets Debt Fund by 85.6% in the 4th quarter. Wells Fargo & Company MN now owns 1,461,685 shares of the company's stock worth $14,061,000 after buying an additional 674,337 shares during the last quarter. Invesco Ltd. boosted its stake in Western Asset Emerging Markets Debt Fund by 12.3% in the fourth quarter. Invesco Ltd. now owns 1,074,495 shares of the company's stock valued at $10,337,000 after acquiring an additional 117,651 shares during the last quarter. LPL Financial LLC grew its position in shares of Western Asset Emerging Markets Debt Fund by 34.7% during the 4th quarter. LPL Financial LLC now owns 791,328 shares of the company's stock valued at $7,613,000 after acquiring an additional 204,050 shares during the period. Advisors Asset Management Inc. increased its stake in shares of Western Asset Emerging Markets Debt Fund by 24.6% during the 4th 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 last quarter. Finally, Rareview Capital LLC raised its holdings in shares of Western Asset Emerging Markets Debt Fund by 4.3% in the 4th quarter. Rareview Capital LLC now owns 358,016 shares of the company's stock worth $3,645,000 after purchasing an additional 14,814 shares during the period. Institutional investors own 33.05% of the company's stock.
Western Asset Emerging Markets Debt Fund Price Performance
NYSE EMD traded up $0.09 on Friday, hitting $9.49. 104,313 shares of the stock traded hands, compared to its average volume of 198,370. The business's fifty day moving average is $9.44 and its two-hundred day moving average is $9.70. Western Asset Emerging Markets Debt Fund Inc. has a 12 month low of $8.56 and a 12 month high of $10.33.
Western Asset Emerging Markets Debt Fund Dividend Announcement
The company also recently disclosed a dividend, which was paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th were issued a $0.09 dividend. This represents a yield of 10.92%. The ex-dividend date was Monday, March 24th.
Western Asset Emerging Markets Debt Fund Profile
(
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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