National Bank of Canada FI Sells 1,500 Shares of Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD)

National Bank of Canada FI cut its holdings in shares of Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) by 33.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,997 shares of the company’s stock after selling 1,500 shares during the quarter. National Bank of Canada FI’s holdings in Western Asset Emerging Markets Debt Fund were worth $28,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Wells Fargo & Company MN raised its stake in Western Asset Emerging Markets Debt Fund by 18.9% during the 4th quarter. Wells Fargo & Company MN now owns 719,729 shares of the company’s stock valued at $6,629,000 after purchasing an additional 114,263 shares during the last quarter. Advisors Asset Management Inc. lifted its stake in shares of Western Asset Emerging Markets Debt Fund by 73.0% in the first quarter. Advisors Asset Management Inc. now owns 258,211 shares of the company’s stock valued at $2,481,000 after buying an additional 108,941 shares during the period. Cetera Advisors LLC bought a new position in Western Asset Emerging Markets Debt Fund during the first quarter valued at about $2,382,000. Allspring Global Investments Holdings LLC lifted its position in shares of Western Asset Emerging Markets Debt Fund by 16.7% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,460,726 shares of the company’s stock worth $13,599,000 after acquiring an additional 209,374 shares during the period. Finally, Matisse Capital acquired a new stake in shares of Western Asset Emerging Markets Debt Fund during the 2nd quarter worth approximately $572,000. 33.05% of the stock is owned by institutional investors.

Western Asset Emerging Markets Debt Fund Stock Performance

EMD opened at $9.90 on Monday. Western Asset Emerging Markets Debt Fund Inc. has a 1 year low of $7.85 and a 1 year high of $9.98. The stock’s 50 day simple moving average is $9.76 and its 200-day simple moving average is $9.47.

Western Asset Emerging Markets Debt Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Monday, September 23rd will be paid a $0.0845 dividend. This represents a $1.01 dividend on an annualized basis and a dividend yield of 10.24%. The ex-dividend date is Monday, September 23rd.

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.