Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) Shares Sold by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. trimmed its position in Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI – Get Rating) by 3.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 430,218 shares of the company’s stock after selling 17,496 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Western Asset High Yield Defined Opportunity Fund were worth $5,369,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Guggenheim Capital LLC lifted its position in Western Asset High Yield Defined Opportunity Fund by 2.3% in the third quarter. Guggenheim Capital LLC now owns 146,414 shares of the company’s stock worth $1,641,000 after purchasing an additional 3,231 shares during the period. City of London Investment Management Co. Ltd. bought a new position in shares of Western Asset High Yield Defined Opportunity Fund in the third quarter valued at $982,000. Private Management Group Inc. bought a new position in shares of Western Asset High Yield Defined Opportunity Fund in the third quarter valued at $1,129,000. Allspring Global Investments Holdings LLC increased its holdings in shares of Western Asset High Yield Defined Opportunity Fund by 29.1% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 147,994 shares of the company’s stock valued at $1,847,000 after buying an additional 33,364 shares in the last quarter. Finally, Camelot Portfolios LLC increased its holdings in shares of Western Asset High Yield Defined Opportunity Fund by 14.9% in the fourth quarter. Camelot Portfolios LLC now owns 59,261 shares of the company’s stock valued at $740,000 after buying an additional 7,694 shares in the last quarter.

Western Asset High Yield Defined Opportunity Fund Stock Up 0.2 %

NYSE HYI opened at $11.47 on Friday. Western Asset High Yield Defined Opportunity Fund Inc. has a 1 year low of $11.21 and a 1 year high of $13.04. The business’s fifty day moving average is $11.69 and its two-hundred day moving average is $12.10.

Western Asset High Yield Defined Opportunity Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, September 1st. Shareholders of record on Thursday, August 24th will be paid a dividend of $0.0945 per share. This represents a $1.13 annualized dividend and a yield of 9.89%. The ex-dividend date is Wednesday, August 23rd.

Western Asset High Yield Defined Opportunity Fund Profile

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Western Asset High Yield Defined Opportunity Fund, Inc is a non-diversified, limited-term, closed-end management fund, which engages in the investment activities focusing on fixed securities. It seeks high income, with a capital appreciation as a secondary objective. The company was founded on July 20, 2010 and is headquartered in New York, NY.