Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) Shares Sold by Advisor OS LLC

Advisor OS LLC lowered its holdings in shares of Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) by 3.2% in the fourth quarter, HoldingsChannel.com reports. The fund owned 36,675 shares of the company’s stock after selling 1,224 shares during the quarter. Advisor OS LLC’s holdings in Western Asset Emerging Markets Debt Fund were worth $338,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Ironsides Asset Advisors LLC lifted its stake in shares of Western Asset Emerging Markets Debt Fund by 5.4% during the 3rd quarter. Ironsides Asset Advisors LLC now owns 24,405 shares of the company’s stock worth $203,000 after purchasing an additional 1,252 shares during the period. Gould Asset Management LLC CA raised its stake in Western Asset Emerging Markets Debt Fund by 9.2% during the fourth quarter. Gould Asset Management LLC CA now owns 35,965 shares of the company’s stock worth $331,000 after purchasing an additional 3,035 shares during the period. National Bank of Canada FI increased its holdings in shares of Western Asset Emerging Markets Debt Fund by 55.4% during the 4th quarter. National Bank of Canada FI now owns 8,819 shares of the company’s stock worth $81,000 after buying an additional 3,143 shares during the last quarter. UBS Group AG raised its position in shares of Western Asset Emerging Markets Debt Fund by 0.5% in the 3rd quarter. UBS Group AG now owns 696,464 shares of the company’s stock worth $5,781,000 after buying an additional 3,338 shares during the period. Finally, Janney Montgomery Scott LLC grew its position in Western Asset Emerging Markets Debt Fund by 6.1% during the third quarter. Janney Montgomery Scott LLC now owns 73,123 shares of the company’s stock valued at $607,000 after acquiring an additional 4,194 shares during the period. 33.05% of the stock is currently owned by institutional investors and hedge funds.

Western Asset Emerging Markets Debt Fund Stock Performance

Shares of Western Asset Emerging Markets Debt Fund stock traded up $0.08 during trading hours on Tuesday, reaching $9.34. The stock had a trading volume of 20,776 shares, compared to its average volume of 227,623. Western Asset Emerging Markets Debt Fund Inc. has a 1 year low of $7.85 and a 1 year high of $9.67. The firm has a 50 day simple moving average of $9.25 and a two-hundred day simple moving average of $9.06.

Western Asset Emerging Markets Debt Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Thursday, May 23rd will be given a $0.0845 dividend. This represents a $1.01 annualized dividend and a dividend yield of 10.86%. The ex-dividend date of this dividend is Wednesday, May 22nd.

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.