Western Asset Inflation-Linked Income Fund (NYSE:WIA) Share Price Passes Below 200 Day Moving Average of $8.00

Shares of Western Asset Inflation-Linked Income Fund (NYSE:WIA) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $8.00 and traded as low as $7.92. Western Asset Inflation-Linked Income Fund shares last traded at $7.92, with a volume of 13,986 shares changing hands.

Western Asset Inflation-Linked Income Fund Trading Up 0.4 %

The firm has a 50-day moving average of $8.05 and a two-hundred day moving average of $8.00.

Western Asset Inflation-Linked Income Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, May 31st. Stockholders of record on Thursday, May 23rd will be given a $0.05 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 7.58%. The ex-dividend date of this dividend is Wednesday, May 22nd.

Institutional Trading of Western Asset Inflation-Linked Income Fund

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Karpus Management Inc. increased its position in shares of Western Asset Inflation-Linked Income Fund by 4.6% during the third quarter. Karpus Management Inc. now owns 6,905,403 shares of the financial services provider’s stock worth $54,000,000 after purchasing an additional 303,207 shares in the last quarter. RHS Financial LLC acquired a new position in shares of Western Asset Inflation-Linked Income Fund in the 3rd quarter valued at $684,000. Royal Bank of Canada lifted its stake in Western Asset Inflation-Linked Income Fund by 460.2% during the 1st quarter. Royal Bank of Canada now owns 67,351 shares of the financial services provider’s stock worth $788,000 after acquiring an additional 55,328 shares in the last quarter. Aviance Capital Partners LLC acquired a new position in Western Asset Inflation-Linked Income Fund during the 3rd quarter worth about $326,000. Finally, Baird Financial Group Inc. lifted its stake in Western Asset Inflation-Linked Income Fund by 10.3% during the 4th quarter. Baird Financial Group Inc. now owns 356,917 shares of the financial services provider’s stock worth $3,073,000 after acquiring an additional 33,249 shares in the last quarter.

About Western Asset Inflation-Linked Income Fund

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.