Wealth Enhancement Advisory Services LLC Purchases New Stake in Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD)

Wealth Enhancement Advisory Services LLC bought a new position in Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 10,168 shares of the company’s stock, valued at approximately $104,000.

Other institutional investors have also modified their holdings of the company. Rothschild Investment LLC acquired a new position in Western Asset Emerging Markets Debt Fund in the second quarter worth about $28,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Western Asset Emerging Markets Debt Fund by 1,221.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,772 shares of the company’s stock valued at $44,000 after acquiring an additional 4,411 shares during the last quarter. International Assets Investment Management LLC raised its position 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 valued at $600,000 after acquiring an additional 5,508 shares in the last quarter. Hoylecohen LLC bought a new position in Western Asset Emerging Markets Debt Fund during the second quarter worth $172,000. Finally, Concurrent Investment Advisors LLC acquired a new position in Western Asset Emerging Markets Debt Fund in the second quarter worth $200,000. Institutional investors and hedge funds own 33.05% of the company’s stock.

Western Asset Emerging Markets Debt Fund Stock Performance

Western Asset Emerging Markets Debt Fund stock opened at $9.71 on Wednesday. Western Asset Emerging Markets Debt Fund Inc. has a 1 year low of $8.26 and a 1 year high of $10.33. The firm’s 50-day moving average is $9.98 and its 200-day moving average is $9.69.

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.