Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) Shares Bought by Integrated Wealth Concepts LLC

Integrated Wealth Concepts LLC increased its stake in shares of Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) by 1.2% in the fourth quarter, HoldingsChannel reports. The firm owned 107,988 shares of the company’s stock after buying an additional 1,319 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in Western Asset Emerging Markets Debt Fund were worth $1,039,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Samalin Investment Counsel LLC lifted its stake in shares of Western Asset Emerging Markets Debt Fund by 2.7% during the fourth quarter. Samalin Investment Counsel LLC now owns 42,246 shares of the company’s stock valued at $406,000 after buying an additional 1,124 shares during the period. Moloney Securities Asset Management LLC lifted its stake in shares of Western Asset Emerging Markets Debt Fund by 4.0% during the 4th quarter. Moloney Securities Asset Management LLC now owns 54,745 shares of the company’s stock worth $527,000 after purchasing an additional 2,107 shares during the period. D.A. Davidson & CO. boosted its holdings in shares of Western Asset Emerging Markets Debt Fund by 3.9% during the fourth quarter. D.A. Davidson & CO. now owns 76,013 shares of the company’s stock worth $731,000 after purchasing an additional 2,862 shares during the last quarter. Allworth Financial LP purchased a new stake in shares of Western Asset Emerging Markets Debt Fund in the fourth quarter valued at $38,000. Finally, Envestnet Asset Management Inc. increased its stake in Western Asset Emerging Markets Debt Fund by 10.8% in the fourth quarter. Envestnet Asset Management Inc. now owns 41,150 shares of the company’s stock valued at $396,000 after purchasing an additional 4,020 shares during the last quarter. Institutional investors and hedge funds own 33.05% of the company’s stock.

Western Asset Emerging Markets Debt Fund Trading Up 0.1 %

NYSE EMD opened at $9.40 on Wednesday. The business’s 50-day moving average price is $9.50 and its 200 day moving average price is $9.74. Western Asset Emerging Markets Debt Fund Inc. has a twelve month low of $8.56 and a twelve month high of $10.33.

Western Asset Emerging Markets Debt Fund Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th were issued a $0.09 dividend. The ex-dividend date of this dividend was Monday, March 24th. This represents a yield of 10.92%.

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.