Janney Montgomery Scott LLC Sells 8,618 Shares of Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD)

Janney Montgomery Scott LLC decreased its stake in shares of Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMDFree Report) by 11.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 64,505 shares of the company’s stock after selling 8,618 shares during the quarter. Janney Montgomery Scott LLC owned about 0.23% of Western Asset Emerging Markets Debt Fund worth $594,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Clough Capital Partners L P purchased a new stake in Western Asset Emerging Markets Debt Fund during the third quarter valued at $510,000. SFI Advisors LLC purchased a new stake in Western Asset Emerging Markets Debt Fund during the fourth quarter valued at $224,000. Raymond James Financial Services Advisors Inc. raised its stake in Western Asset Emerging Markets Debt Fund by 6.3% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 397,686 shares of the company’s stock valued at $3,663,000 after purchasing an additional 23,614 shares in the last quarter. Advisor Resource Council purchased a new stake in Western Asset Emerging Markets Debt Fund during the fourth quarter valued at $179,000. Finally, Camelot Portfolios LLC raised its stake in Western Asset Emerging Markets Debt Fund by 30.0% during the fourth quarter. Camelot Portfolios LLC now owns 82,431 shares of the company’s stock valued at $759,000 after purchasing an additional 19,037 shares in the last quarter. Institutional investors own 33.05% of the company’s stock.

Western Asset Emerging Markets Debt Fund Stock Up 0.8 %

Western Asset Emerging Markets Debt Fund stock opened at $9.38 on Tuesday. Western Asset Emerging Markets Debt Fund Inc. has a 52-week low of $7.85 and a 52-week high of $9.67. The firm’s fifty day moving average is $9.27 and its 200 day moving average is $9.17.

Western Asset Emerging Markets Debt Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, September 3rd. Stockholders of record on Friday, August 23rd will be paid a $0.0845 dividend. This represents a $1.01 annualized dividend and a dividend yield of 10.81%. The ex-dividend date is Friday, August 23rd.

About Western Asset Emerging Markets Debt Fund

(Free Report)

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.

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Institutional Ownership by Quarter for Western Asset Emerging Markets Debt Fund (NYSE:EMD)

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