Invesco Ltd. increased its stake in shares of Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD - Free Report) by 12.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,074,495 shares of the company's stock after purchasing an additional 117,651 shares during the quarter. Invesco Ltd. owned 3.75% of Western Asset Emerging Markets Debt Fund worth $10,337,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also made changes to their positions in the business. Samalin Investment Counsel LLC boosted its position in shares of Western Asset Emerging Markets Debt Fund by 2.7% during the 4th quarter. Samalin Investment Counsel LLC now owns 42,246 shares of the company's stock worth $406,000 after acquiring an additional 1,124 shares in the last quarter. Moloney Securities Asset Management LLC lifted its holdings in shares of Western Asset Emerging Markets Debt Fund by 4.0% in the 4th quarter. Moloney Securities Asset Management LLC now owns 54,745 shares of the company's stock valued at $527,000 after purchasing an additional 2,107 shares during the last quarter. D.A. Davidson & CO. lifted its holdings 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 purchasing an additional 2,862 shares during the last quarter. Allworth Financial LP purchased a new stake in shares of Western Asset Emerging Markets Debt Fund in the 4th quarter valued at about $38,000. Finally, Envestnet Asset Management Inc. lifted its holdings in shares of Western Asset Emerging Markets Debt Fund by 10.8% in the 4th quarter. Envestnet Asset Management Inc. now owns 41,150 shares of the company's stock valued at $396,000 after purchasing an additional 4,020 shares during the last quarter. 33.05% of the stock is owned by institutional investors and hedge funds.
Western Asset Emerging Markets Debt Fund Stock Up 0.4 %
Shares of Western Asset Emerging Markets Debt Fund stock traded up $0.04 on Monday, hitting $9.39. The stock had a trading volume of 114,892 shares, compared to its average volume of 198,442. Western Asset Emerging Markets Debt Fund Inc. has a 52-week low of $8.56 and a 52-week high of $10.33. The company's 50 day moving average price is $9.51 and its 200 day moving average price is $9.74.
Western Asset Emerging Markets Debt Fund Announces Dividend
The company also recently announced a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th were issued a $0.09 dividend. This represents a dividend yield of 10.92%. The ex-dividend date of this dividend was Monday, March 24th.
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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