Pathstone Holdings LLC Boosts Stock Holdings in Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD)

Pathstone Holdings LLC boosted its stake in shares of Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD - Free Report) by 15.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,431,764 shares of the company's stock after purchasing an additional 327,811 shares during the period. Pathstone Holdings LLC owned approximately 8.49% of Western Asset Emerging Markets Debt Fund worth $23,415,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Samalin Investment Counsel LLC raised its stake in Western Asset Emerging Markets Debt Fund by 2.7% during the fourth quarter. Samalin Investment Counsel LLC now owns 42,246 shares of the company's stock worth $406,000 after purchasing an additional 1,124 shares during the period. Integrated Wealth Concepts LLC lifted its stake in shares of Western Asset Emerging Markets Debt Fund by 1.2% in the 4th quarter. Integrated Wealth Concepts LLC now owns 107,988 shares of the company's stock valued at $1,039,000 after purchasing an additional 1,319 shares in the last quarter. Comerica Bank lifted its stake in shares of Western Asset Emerging Markets Debt Fund by 8.6% in the 4th quarter. Comerica Bank now owns 23,035 shares of the company's stock valued at $222,000 after purchasing an additional 1,815 shares in the last quarter. Moloney Securities Asset Management LLC lifted its stake 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 in the last quarter. Finally, D.A. Davidson & CO. lifted 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 purchasing an additional 2,862 shares in the last quarter. Hedge funds and other institutional investors own 33.05% of the company's stock.

Western Asset Emerging Markets Debt Fund Stock Down 0.1%

NYSE EMD opened at $9.60 on Thursday. The business's 50-day simple moving average is $9.43 and its 200-day simple moving average is $9.70. Western Asset Emerging Markets Debt Fund Inc. has a 1-year low of $8.56 and a 1-year high of $10.33.

Western Asset Emerging Markets Debt Fund Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th were issued a dividend of $0.09 per share. The ex-dividend date was Monday, March 24th. This represents a dividend yield of 10.92%.

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.

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