Western Asset Inflation-Linked Income Fund (NYSE:WIA) Shares Cross Below 200-Day Moving Average of $11.25

Western Asset Inflation-Linked Income Fund (NYSE:WIAGet Rating) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $11.25 and traded as low as $9.86. Western Asset Inflation-Linked Income Fund shares last traded at $9.88, with a volume of 41,316 shares trading hands.

Western Asset Inflation-Linked Income Fund Stock Performance

The stock has a 50 day simple moving average of $10.24 and a two-hundred day simple moving average of $11.25.

Western Asset Inflation-Linked Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, November 30th. Shareholders of record on Tuesday, November 22nd will be paid a dividend of $0.045 per share. The ex-dividend date of this dividend is Monday, November 21st. This represents a $0.54 dividend on an annualized basis and a dividend yield of 5.47%.

Insider Buying and Selling at Western Asset Inflation-Linked Income Fund

In related news, major shareholder Cascade Investment, L.L.C. acquired 20,899 shares of Western Asset Inflation-Linked Income Fund stock in a transaction on Friday, May 20th. The stock was acquired at an average price of $10.22 per share, for a total transaction of $213,587.78. Following the purchase, the insider now owns 5,080,406 shares of the company’s stock, valued at approximately $51,921,749.32. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other Western Asset Inflation-Linked Income Fund news, Director Michael Larson purchased 5,000 shares of the business’s stock in a transaction that occurred on Friday, July 15th. The stock was purchased at an average price of $9.78 per share, for a total transaction of $48,900.00. Following the purchase, the director now directly owns 8,268 shares in the company, valued at $80,861.04. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Cascade Investment, L.L.C. purchased 20,899 shares of the business’s stock in a transaction that occurred on Friday, May 20th. The stock was acquired at an average price of $10.22 per share, with a total value of $213,587.78. Following the purchase, the insider now owns 5,080,406 shares in the company, valued at $51,921,749.32. The disclosure for this purchase can be found here. In the last quarter, insiders purchased 105,968 shares of company stock worth $1,100,533.

Hedge Funds Weigh In On Western Asset Inflation-Linked Income Fund

Several institutional investors and hedge funds have recently modified their holdings of WIA. Blue Bell Private Wealth Management LLC acquired a new stake in Western Asset Inflation-Linked Income Fund in the 1st quarter worth about $65,000. Guggenheim Capital LLC boosted its holdings in Western Asset Inflation-Linked Income Fund by 6.3% in the 1st quarter. Guggenheim Capital LLC now owns 19,171 shares of the financial services provider’s stock worth $224,000 after buying an additional 1,139 shares during the last quarter. PenderFund Capital Management Ltd. acquired a new stake in Western Asset Inflation-Linked Income Fund in the 1st quarter worth about $301,000. BCK Partners Inc. acquired a new stake in Western Asset Inflation-Linked Income Fund in the 1st quarter worth about $247,000. Finally, Qube Research & Technologies Ltd acquired a new stake in Western Asset Inflation-Linked Income Fund in the 1st quarter worth about $251,000.

About Western Asset Inflation-Linked Income Fund

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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.

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