Western Asset Inflation-Linked Income Fund (NYSE:WIA) Stock Price Crosses Below 200-Day Moving Average – Here’s What Happened

Western Asset Inflation-Linked Income Fund (NYSE:WIA) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $8.20 and traded as low as $7.95. Western Asset Inflation-Linked Income Fund shares last traded at $7.99, with a volume of 43,371 shares changing hands.

Western Asset Inflation-Linked Income Fund Trading Up 0.4 %

The firm has a fifty day simple moving average of $8.17 and a 200-day simple moving average of $8.20.

Western Asset Inflation-Linked Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 21st will be issued a $0.05 dividend. The ex-dividend date of this dividend is Friday, February 21st. This represents a $0.60 annualized dividend and a yield of 7.51%.

Institutional Trading of Western Asset Inflation-Linked Income Fund

Several institutional investors have recently added to or reduced their stakes in the company. Capstone Investment Advisors LLC bought a new position in Western Asset Inflation-Linked Income Fund during the third quarter worth about $287,000. Nations Financial Group Inc. IA ADV bought a new stake in shares of Western Asset Inflation-Linked Income Fund during the third quarter worth $296,000. Almitas Capital LLC acquired a new position in Western Asset Inflation-Linked Income Fund during the 2nd quarter worth about $951,000. Finally, Fiera Capital Corp lifted its stake in shares of Western Asset Inflation-Linked Income Fund by 28.9% in the third quarter. Fiera Capital Corp now owns 242,412 shares of the financial services provider’s stock worth $2,073,000 after acquiring an additional 54,360 shares during the period.

About Western Asset Inflation-Linked Income Fund

Western Asset/Claymore Inflation-Linked Securities & Income Fund is a closed-ended fixed income mutual fund launched by Guggenheim Partners, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Limited, Western Asset Management Company Ltd., and Western Asset Management Company Pte.