Jane Street Group LLC Purchases Shares of 18,823 Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD)

Jane Street Group LLC acquired a new position in shares of Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 18,823 shares of the company’s stock, valued at approximately $192,000. Jane Street Group LLC owned 0.07% of Western Asset Emerging Markets Debt Fund at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Penserra Capital Management LLC acquired a new position in Western Asset Emerging Markets Debt Fund during the third quarter worth approximately $4,833,000. International Assets Investment Management LLC increased its holdings in shares of Western Asset Emerging Markets Debt Fund by 918.0% during the 3rd quarter. International Assets Investment Management LLC now owns 6,108 shares of the company’s stock worth $600,000 after buying an additional 5,508 shares during the last quarter. Advisors Asset Management Inc. increased its holdings in shares of Western Asset Emerging Markets Debt Fund by 36.1% during the 3rd quarter. Advisors Asset Management Inc. now owns 403,477 shares of the company’s stock worth $4,107,000 after buying an additional 106,948 shares during the last quarter. Pathstone Holdings LLC raised its position in shares of Western Asset Emerging Markets Debt Fund by 6.4% in the 3rd quarter. Pathstone Holdings LLC now owns 2,103,953 shares of the company’s stock worth $21,419,000 after buying an additional 125,714 shares during the period. Finally, Wealth Enhancement Advisory Services LLC acquired a new position in Western Asset Emerging Markets Debt Fund in the third quarter valued at $104,000. 33.05% of the stock is owned by institutional investors and hedge funds.

Western Asset Emerging Markets Debt Fund Price Performance

EMD stock opened at $9.69 on Monday. The stock has a 50-day moving average price of $9.84 and a two-hundred day moving average price of $9.84. Western Asset Emerging Markets Debt Fund Inc. has a 12-month low of $8.88 and a 12-month high of $10.33.

Western Asset Emerging Markets Debt Fund Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, February 3rd. Investors of record on Friday, January 24th will be given a dividend of $0.0875 per share. The ex-dividend date of this dividend is Friday, January 24th.

Western Asset Emerging Markets Debt Fund 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.