Sanctuary Advisors LLC Sells 2,297 Shares of Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD)

Sanctuary Advisors LLC decreased its position in shares of Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) by 5.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 38,033 shares of the company’s stock after selling 2,297 shares during the quarter. Sanctuary Advisors LLC owned approximately 0.13% of Western Asset Emerging Markets Debt Fund worth $378,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Rothschild Investment LLC bought a new position in Western Asset Emerging Markets Debt Fund in the 2nd quarter worth about $28,000. Northwestern Mutual Wealth Management Co. boosted its stake in 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 worth $44,000 after purchasing an additional 4,411 shares during the period. Wealth Enhancement Advisory Services LLC bought a new position in Western Asset Emerging Markets Debt Fund in the 3rd quarter worth about $104,000. Jane Street Group LLC bought a new stake in shares of Western Asset Emerging Markets Debt Fund during the 3rd quarter valued at about $192,000. Finally, Concurrent Investment Advisors LLC bought a new stake in shares of Western Asset Emerging Markets Debt Fund during the 2nd quarter valued at about $200,000. Institutional investors own 33.05% of the company’s stock.

Western Asset Emerging Markets Debt Fund Trading Down 0.1 %

Shares of EMD opened at $9.59 on Friday. The stock has a 50-day moving average price of $9.87 and a 200-day moving average price of $9.82. 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 declared a dividend, which will be paid on Monday, February 3rd. Stockholders of record on Friday, January 24th will be given a dividend of $0.0875 per share. The ex-dividend date is 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.