Steward Partners Investment Advisory LLC Buys 2,271 Shares of Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI)

Steward Partners Investment Advisory LLC grew its stake in Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) by 3.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 73,596 shares of the company’s stock after acquiring an additional 2,271 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in Western Asset High Yield Defined Opportunity Fund were worth $870,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in HYI. Avior Wealth Management LLC bought a new stake in Western Asset High Yield Defined Opportunity Fund in the fourth quarter worth $65,000. Jones Financial Companies Lllp boosted its holdings in Western Asset High Yield Defined Opportunity Fund by 151.3% in the fourth quarter. Jones Financial Companies Lllp now owns 12,580 shares of the company’s stock worth $149,000 after acquiring an additional 7,574 shares in the last quarter. Concurrent Investment Advisors LLC boosted its holdings in Western Asset High Yield Defined Opportunity Fund by 25.7% in the fourth quarter. Concurrent Investment Advisors LLC now owns 15,138 shares of the company’s stock worth $179,000 after acquiring an additional 3,091 shares in the last quarter. RVW Wealth LLC lifted its holdings in shares of Western Asset High Yield Defined Opportunity Fund by 41.7% during the fourth quarter. RVW Wealth LLC now owns 27,623 shares of the company’s stock valued at $327,000 after purchasing an additional 8,123 shares in the last quarter. Finally, Kovitz Investment Group Partners LLC bought a new position in shares of Western Asset High Yield Defined Opportunity Fund during the third quarter valued at $707,000.

Western Asset High Yield Defined Opportunity Fund Stock Down 0.4 %

Shares of NYSE:HYI opened at $11.95 on Tuesday. Western Asset High Yield Defined Opportunity Fund Inc. has a 1 year low of $11.38 and a 1 year high of $12.44. The stock’s fifty day moving average price is $12.03 and its 200-day moving average price is $12.11.

Western Asset High Yield Defined Opportunity Fund Announces Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Monday, March 24th will be issued a dividend of $0.095 per share. The ex-dividend date of this dividend is Monday, March 24th.

About Western Asset High Yield Defined Opportunity Fund

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.