Shaker Financial Services LLC Buys 46,354 Shares of Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD)

Shaker Financial Services LLC increased its holdings in shares of Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD - Free Report) by 38.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 167,885 shares of the company's stock after buying an additional 46,354 shares during the period. Shaker Financial Services LLC owned about 0.59% of Western Asset Emerging Markets Debt Fund worth $1,615,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in EMD. Insigneo Advisory Services LLC raised its holdings in Western Asset Emerging Markets Debt Fund by 15.6% during the 4th quarter. Insigneo Advisory Services LLC now owns 47,862 shares of the company's stock worth $460,000 after purchasing an additional 6,454 shares during the last quarter. Guggenheim Capital LLC lifted its holdings in Western Asset Emerging Markets Debt Fund by 7.0% in the fourth quarter. Guggenheim Capital LLC now owns 218,298 shares of the company's stock valued at $2,100,000 after buying an additional 14,305 shares during the period. Walleye Capital LLC acquired a new position in Western Asset Emerging Markets Debt Fund in the fourth quarter valued at $354,000. Raymond James Financial Inc. acquired a new stake in Western Asset Emerging Markets Debt Fund during the 4th quarter worth about $3,122,000. Finally, Advisory Services Network LLC raised its position in shares of Western Asset Emerging Markets Debt Fund by 13.3% in the 4th quarter. Advisory Services Network LLC now owns 178,604 shares of the company's stock worth $1,718,000 after acquiring an additional 20,935 shares in the last quarter. 33.05% of the stock is owned by institutional investors.

Western Asset Emerging Markets Debt Fund Stock Up 0.6 %

Shares of Western Asset Emerging Markets Debt Fund stock traded up $0.06 on Friday, hitting $9.34. 112,210 shares of the company's stock traded hands, compared to its average volume of 198,875. The company has a fifty day moving average of $9.52 and a two-hundred day moving average of $9.75. Western Asset Emerging Markets Debt Fund Inc. has a one year low of $8.56 and a one year high of $10.33.

Western Asset Emerging Markets Debt Fund Announces Dividend

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

Western Asset Emerging Markets Debt Fund 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.