Two Sigma Securities LLC Makes New $286,000 Investment in Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD)

Two Sigma Securities LLC bought a new position in shares of Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 29,775 shares of the company's stock, valued at approximately $286,000. Two Sigma Securities LLC owned 0.10% of Western Asset Emerging Markets Debt Fund at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of EMD. Allworth Financial LP bought a new position in shares of Western Asset Emerging Markets Debt Fund in the fourth quarter worth $38,000. Anfield Capital Management LLC purchased a new position in Western Asset Emerging Markets Debt Fund during the fourth quarter worth about $56,000. Mission Hills Financial Advisory LLC bought a new position in Western Asset Emerging Markets Debt Fund in the 4th quarter worth about $108,000. Jane Street Group LLC purchased a new stake in shares of Western Asset Emerging Markets Debt Fund in the 3rd quarter valued at about $192,000. Finally, Apollon Wealth Management LLC bought a new stake in shares of Western Asset Emerging Markets Debt Fund during the 4th quarter valued at about $245,000. 33.05% of the stock is currently owned by hedge funds and other institutional investors.

Western Asset Emerging Markets Debt Fund Stock Down 0.2 %

Shares of EMD stock traded down $0.02 during trading on Friday, hitting $9.42. The company had a trading volume of 159,532 shares, compared to its average volume of 198,065. The stock's 50-day moving average is $9.48 and its two-hundred day moving average is $9.72. 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 Announces Dividend

The business also recently declared 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 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.