International Assets Investment Management LLC Sells 131,473 Shares of Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI)

International Assets Investment Management LLC lessened its stake in shares of Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) by 91.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,553 shares of the company’s stock after selling 131,473 shares during the period. International Assets Investment Management LLC’s holdings in Western Asset High Yield Defined Opportunity Fund were worth $137,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Kovitz Investment Group Partners LLC bought a new position in Western Asset High Yield Defined Opportunity Fund in the third quarter valued at approximately $707,000. Shaker Financial Services LLC boosted its holdings in shares of Western Asset High Yield Defined Opportunity Fund by 31.9% in the 3rd quarter. Shaker Financial Services LLC now owns 144,578 shares of the company’s stock valued at $1,806,000 after purchasing an additional 34,943 shares in the last quarter. Sanctuary Advisors LLC bought a new position in shares of Western Asset High Yield Defined Opportunity Fund in the 2nd quarter valued at $180,000. MRA Advisory Group acquired a new position in shares of Western Asset High Yield Defined Opportunity Fund during the 3rd quarter worth $136,000. Finally, B. Riley Wealth Advisors Inc. acquired a new stake in Western Asset High Yield Defined Opportunity Fund in the second quarter valued at about $128,000.

Western Asset High Yield Defined Opportunity Fund Price Performance

Shares of NYSE HYI opened at $11.88 on Wednesday. Western Asset High Yield Defined Opportunity Fund Inc. has a 12 month low of $11.38 and a 12 month high of $12.44. The stock has a 50-day moving average price of $12.04 and a two-hundred day moving average price of $12.03.

Western Asset High Yield Defined Opportunity Fund Announces Dividend

The business also recently announced a dividend, which will be paid on Monday, February 3rd. Shareholders of record on Friday, January 24th will be given a $0.095 dividend. The ex-dividend date of this dividend is Friday, January 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.