Comprehensive Money Management Services LLC Acquires Shares of 62,738 Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD)

Comprehensive Money Management Services LLC purchased a new position in Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 62,738 shares of the company's stock, valued at approximately $604,000. Comprehensive Money Management Services LLC owned 0.22% of Western Asset Emerging Markets Debt Fund as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of EMD. Pathstone Holdings LLC grew its stake in Western Asset Emerging Markets Debt Fund by 15.6% in the fourth quarter. Pathstone Holdings LLC now owns 2,431,764 shares of the company's stock worth $23,415,000 after purchasing an additional 327,811 shares in the last quarter. Wells Fargo & Company MN boosted its position in Western Asset Emerging Markets Debt Fund by 85.6% during the 4th quarter. Wells Fargo & Company MN now owns 1,461,685 shares of the company's stock valued at $14,061,000 after acquiring an additional 674,337 shares in the last quarter. Cercano Management LLC bought a new stake in Western Asset Emerging Markets Debt Fund during the 4th quarter valued at $11,364,000. Invesco Ltd. boosted its position in Western Asset Emerging Markets Debt Fund by 12.3% during the 4th 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 in the last quarter. Finally, LPL Financial LLC boosted its position in 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 in the last quarter. 33.05% of the stock is currently owned by hedge funds and other institutional investors.

Western Asset Emerging Markets Debt Fund Stock Up 0.5%

NYSE EMD traded up $0.05 during midday trading on Friday, hitting $9.64. 167,246 shares of the company traded hands, compared to its average volume of 198,513. The company's 50-day simple moving average is $9.39 and its 200-day simple moving average is $9.68. 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 Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Friday, August 22nd will be given a $0.095 dividend. The ex-dividend date is Friday, August 22nd. This represents a $1.14 dividend on an annualized basis and a dividend yield of 11.83%.

Western Asset Emerging Markets Debt Fund Company Profile

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.