Stephens Inc. AR Sells 14,260 Shares of Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD)

Stephens Inc. AR lowered its stake in shares of Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) by 32.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 30,216 shares of the company’s stock after selling 14,260 shares during the quarter. Stephens Inc. AR owned about 0.11% of Western Asset Emerging Markets Debt Fund worth $291,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in EMD. Penserra Capital Management LLC bought a new stake in shares of Western Asset Emerging Markets Debt Fund in the 3rd quarter worth approximately $4,833,000. U.S. Capital Wealth Advisors LLC purchased a new stake in Western Asset Emerging Markets Debt Fund in the fourth quarter worth approximately $602,000. International Assets Investment Management LLC grew its holdings in shares of Western Asset Emerging Markets Debt Fund by 918.0% in the third quarter. International Assets Investment Management LLC now owns 6,108 shares of the company’s stock worth $600,000 after acquiring an additional 5,508 shares during the period. Advisors Asset Management Inc. increased its position 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 valued at $4,107,000 after purchasing an additional 106,948 shares during the last quarter. Finally, Pathstone Holdings LLC increased its holdings in Western Asset Emerging Markets Debt Fund by 6.4% during the third quarter. Pathstone Holdings LLC now owns 2,103,953 shares of the company’s stock valued at $21,419,000 after buying an additional 125,714 shares during the last quarter. Hedge funds and other institutional investors own 33.05% of the company’s stock.

Western Asset Emerging Markets Debt Fund Trading Down 0.2 %

NYSE EMD opened at $9.97 on Friday. Western Asset Emerging Markets Debt Fund Inc. has a fifty-two week low of $8.89 and a fifty-two week high of $10.33. The business’s fifty day moving average is $9.83 and its 200 day moving average is $9.88.

Western Asset Emerging Markets Debt Fund Announces Dividend

The company also recently announced a dividend, which was paid on Monday, February 3rd. Investors of record on Monday, January 27th were issued a $0.0875 dividend. This represents a yield of 10.66%. The ex-dividend date of this dividend was Friday, January 24th.

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.