Walleye Capital LLC Acquires New Position in Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD)

Walleye Capital LLC acquired a new stake in Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 36,803 shares of the company's stock, valued at approximately $354,000. Walleye Capital LLC owned 0.13% of Western Asset Emerging Markets Debt Fund as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Apollon Wealth Management LLC acquired a new position in Western Asset Emerging Markets Debt Fund during the fourth quarter worth about $245,000. U.S. Capital Wealth Advisors LLC acquired a new position in Western Asset Emerging Markets Debt Fund during the fourth quarter worth about $602,000. HighTower Advisors LLC grew its position in Western Asset Emerging Markets Debt Fund by 364.3% during the fourth quarter. HighTower Advisors LLC now owns 72,792 shares of the company's stock worth $700,000 after buying an additional 57,115 shares during the period. Invesco Ltd. grew its position in Western Asset Emerging Markets Debt Fund by 12.3% during the fourth quarter. Invesco Ltd. now owns 1,074,495 shares of the company's stock worth $10,337,000 after buying an additional 117,651 shares during the period. Finally, Jane Street Group LLC acquired a new position in Western Asset Emerging Markets Debt Fund during the third quarter worth about $192,000. 33.05% of the stock is currently owned by institutional investors and hedge funds.

Western Asset Emerging Markets Debt Fund Trading Up 0.2 %

EMD traded up $0.02 on Wednesday, hitting $9.38. 300,573 shares of the company were exchanged, compared to its average volume of 198,179. The business's fifty day moving average is $9.49 and its 200 day moving average is $9.73. Western Asset Emerging Markets Debt Fund Inc. has a fifty-two week low of $8.56 and a fifty-two week high of $10.33.

Western Asset Emerging Markets Debt Fund Dividend Announcement

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

About Western Asset Emerging Markets Debt Fund

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.