Arkadios Wealth Advisors buys 2,148 shares of Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD)

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Arkadios Wealth Advisors increased its stake in Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD – Get Rating) by 14.9% in the first quarter, HoldingsChannel reports. The fund held 16,547 shares of the company after acquiring an additional 2,148 shares during the period. Arkadios Wealth Advisors’ holdings in Western Asset Emerging Markets Debt Fund were worth $178,000 at the end of the last reporting period.

A number of other institutional investors have also recently changed their stock holdings. Invesco Ltd. increased its stake in shares of the Western Asset Emerging Markets Debt Fund by 3.5% in the fourth quarter. Invesco Ltd. now owns 1,101,810 shares of the company worth $14,103,000 after acquiring 37,565 additional shares in the last quarter. Penserra Capital Management LLC increased its stake in shares of Western Asset Emerging Markets Debt Fund by 1.4% in the fourth quarter. Penserra Capital Management LLC now owns 797,354 shares of the company worth $10,206,000 after acquiring an additional 11,049 shares in the last quarter. Allspring Global Investments Holdings LLC bought a new equity position in the Western Asset Emerging Markets Debt Fund in the fourth quarter at a value of approximately $3,958,000. Matisse Capital bought a new equity position in the Western Asset Emerging Markets Debt Fund in the first quarter for a value of approximately $2,589,000. Finally, First Trust Advisors LP increased its stake in shares of the Western Asset Emerging Markets Debt Fund by 1.0% in the fourth quarter. First Trust Advisors LP now owns 228,142 shares of the company worth $2,920,000 after acquiring 2,259 additional shares in the last quarter.

Western Asset Emerging Markets Debt Fund Stock up 0.3%

NYSE EMD shares opened at $8.97 on Friday. Western Asset Emerging Markets Debt Fund Inc. has a 1-year low of $8.42 and a 1-year high of $14.17. The company has a 50-day moving average of $9.12 and a 200-day moving average of $10.21.

Western Asset Emerging Markets Debt Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, September 1. Shareholders of record on Wednesday August 24 will receive a dividend of $0.08 per share. This represents an annualized dividend of $0.96 and a dividend yield of 10.70%. The ex-dividend date is Tuesday, August 23.

About Western Asset Emerging Markets Debt Fund

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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 the bond markets of emerging countries worldwide.

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Want to see which other hedge funds hold EMDs? Visit HoldingsChannel.com for the latest 13F filings and insider trades for Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD – Get Rating).

Institutional ownership by quarter for Western Asset Emerging Markets Debt Fund (NYSE:EMD)



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