Western Asset Inflation-Linked Income Fund (NYSE:WIA) Stock Price Crosses Below Two Hundred Day Moving Average of $8.06

Western Asset Inflation-Linked Income Fund (NYSE:WIA)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $8.06 and traded as low as $8.00. Western Asset Inflation-Linked Income Fund shares last traded at $8.02, with a volume of 23,607 shares trading hands.

Western Asset Inflation-Linked Income Fund Price Performance

The firm has a 50 day moving average of $8.02 and a two-hundred day moving average of $8.06.

Western Asset Inflation-Linked Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, August 30th. Shareholders of record on Friday, August 23rd will be given a $0.05 dividend. The ex-dividend date of this dividend is Friday, August 23rd. This represents a $0.60 annualized dividend and a yield of 7.49%.

Hedge Funds Weigh In On Western Asset Inflation-Linked Income Fund

A number of hedge funds have recently made changes to their positions in the stock. Karpus Management Inc. raised its position in shares of Western Asset Inflation-Linked Income Fund by 1.9% during the first quarter. Karpus Management Inc. now owns 7,280,412 shares of the financial services provider’s stock worth $59,263,000 after acquiring an additional 135,330 shares during the last quarter. Stifel Financial Corp grew its stake in Western Asset Inflation-Linked Income Fund by 13.3% in the third quarter. Stifel Financial Corp now owns 236,090 shares of the financial services provider’s stock valued at $1,846,000 after acquiring an additional 27,754 shares during the period. RHS Financial LLC grew its stake in Western Asset Inflation-Linked Income Fund by 2.5% in the first quarter. RHS Financial LLC now owns 163,977 shares of the financial services provider’s stock valued at $1,335,000 after acquiring an additional 3,963 shares during the period. Wakefield Asset Management LLLP boosted its position in shares of Western Asset Inflation-Linked Income Fund by 1.9% during the first quarter. Wakefield Asset Management LLLP now owns 95,035 shares of the financial services provider’s stock valued at $774,000 after buying an additional 1,817 shares during the last quarter. Finally, PenderFund Capital Management Ltd. boosted its position in shares of Western Asset Inflation-Linked Income Fund by 8.4% during the fourth quarter. PenderFund Capital Management Ltd. now owns 51,666 shares of the financial services provider’s stock valued at $420,000 after buying an additional 4,000 shares during the last quarter.

About Western Asset Inflation-Linked Income Fund

Western Asset/Claymore Inflation-Linked Securities & Income Fund is a closed-ended fixed income mutual fund launched by Guggenheim Partners, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Limited, Western Asset Management Company Ltd., and Western Asset Management Company Pte.