Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) Shares Bought by Pathstone Holdings LLC

Pathstone Holdings LLC raised its holdings in Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) by 15.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,431,764 shares of the company’s stock after purchasing an additional 327,811 shares during the period. Pathstone Holdings LLC owned about 0.08% of Western Asset Emerging Markets Debt Fund worth $23,415,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Allworth Financial LP acquired a new position in shares of Western Asset Emerging Markets Debt Fund in the 4th quarter valued at approximately $38,000. Anfield Capital Management LLC acquired a new stake in shares of Western Asset Emerging Markets Debt Fund in the 4th quarter valued at about $56,000. Mission Hills Financial Advisory LLC acquired a new stake in shares of Western Asset Emerging Markets Debt Fund in the 4th quarter valued at about $108,000. Jefferies Financial Group Inc. acquired a new stake in shares of Western Asset Emerging Markets Debt Fund in the 4th quarter valued at about $192,000. Finally, Comerica Bank raised its stake in shares of Western Asset Emerging Markets Debt Fund by 8.6% in the 4th quarter. Comerica Bank now owns 23,035 shares of the company’s stock valued at $222,000 after purchasing an additional 1,815 shares in the last quarter. 33.05% of the stock is owned by institutional investors and hedge funds.

Western Asset Emerging Markets Debt Fund Stock Performance

Shares of Western Asset Emerging Markets Debt Fund stock opened at $9.60 on Thursday. The firm’s 50-day simple moving average is $9.43 and its 200-day simple moving average is $9.70. Western Asset Emerging Markets Debt Fund Inc. has a 1 year low of $8.56 and a 1 year 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. Stockholders of record on Tuesday, March 25th were paid a $0.09 dividend. The ex-dividend date was Monday, March 24th. This represents a dividend yield of 10.92%.

About Western Asset Emerging Markets Debt Fund

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.