Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) Stock Position Lowered by Stifel Financial Corp

Stifel Financial Corp decreased its position in Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) by 9.2% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 47,350 shares of the company’s stock after selling 4,825 shares during the period. Stifel Financial Corp’s holdings in Western Asset High Yield Defined Opportunity Fund were worth $586,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HYI. Consolidated Portfolio Review Corp raised its stake in shares of Western Asset High Yield Defined Opportunity Fund by 1.2% during the 3rd quarter. Consolidated Portfolio Review Corp now owns 72,636 shares of the company’s stock worth $899,000 after purchasing an additional 836 shares in the last quarter. Gilman Hill Asset Management LLC increased its holdings in Western Asset High Yield Defined Opportunity Fund by 20.0% in the third quarter. Gilman Hill Asset Management LLC now owns 24,800 shares of the company’s stock worth $307,000 after buying an additional 4,125 shares during the last quarter. Future Financial Wealth Managment LLC bought a new position in Western Asset High Yield Defined Opportunity Fund during the third quarter valued at approximately $79,000. Wolverine Asset Management LLC acquired a new stake in Western Asset High Yield Defined Opportunity Fund in the second quarter valued at approximately $95,000. Finally, Raymond James & Associates grew its position in Western Asset High Yield Defined Opportunity Fund by 7.2% in the second quarter. Raymond James & Associates now owns 138,342 shares of the company’s stock worth $1,605,000 after acquiring an additional 9,283 shares in the last quarter.

Western Asset High Yield Defined Opportunity Fund Stock Performance

Shares of HYI opened at $11.84 on Friday. The company’s fifty day moving average is $12.10 and its 200-day moving average is $12.00. Western Asset High Yield Defined Opportunity Fund Inc. has a 12 month low of $11.38 and a 12 month high of $12.44.

Western Asset High Yield Defined Opportunity Fund Dividend Announcement

The firm also recently announced a dividend, which will be paid on Monday, February 3rd. Shareholders of record on Friday, January 24th will be given a dividend of $0.095 per share. The ex-dividend date is Friday, January 24th.

Western Asset High Yield Defined Opportunity Fund Profile

Western Asset High Yield Defined Opportunity Fund Inc is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Pte. Ltd., Western Asset Management Company Ltd and Western Asset Management Company Limited.