Moloney Securities Asset Management LLC Purchases 11,562 Shares of Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD)

Moloney Securities Asset Management LLC grew its position in shares of Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) by 37.4% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 42,497 shares of the company’s stock after buying an additional 11,562 shares during the quarter. Moloney Securities Asset Management LLC owned 0.15% of Western Asset Emerging Markets Debt Fund worth $396,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. International Assets Investment Management LLC grew its position in shares of Western Asset Emerging Markets Debt Fund by 821.0% during the 4th quarter. International Assets Investment Management LLC now owns 5,526 shares of the company’s stock valued at $51,000 after acquiring an additional 4,926 shares during the period. National Bank of Canada FI grew its stake in shares of Western Asset Emerging Markets Debt Fund by 55.4% during the 4th quarter. National Bank of Canada FI now owns 8,819 shares of the company’s stock worth $81,000 after acquiring an additional 3,143 shares during the period. Wells Fargo & Company MN increased its holdings in Western Asset Emerging Markets Debt Fund by 18.9% in the 4th quarter. Wells Fargo & Company MN now owns 719,729 shares of the company’s stock worth $6,629,000 after acquiring an additional 114,263 shares during the last quarter. D.A. Davidson & CO. raised its stake in Western Asset Emerging Markets Debt Fund by 41.6% in the 4th quarter. D.A. Davidson & CO. now owns 16,000 shares of the company’s stock valued at $147,000 after acquiring an additional 4,700 shares during the period. Finally, Laidlaw Wealth Management LLC purchased a new stake in Western Asset Emerging Markets Debt Fund during the fourth quarter valued at about $192,000. Hedge funds and other institutional investors own 33.05% of the company’s stock.

Western Asset Emerging Markets Debt Fund Stock Performance

Shares of EMD stock opened at $9.86 on Friday. Western Asset Emerging Markets Debt Fund Inc. has a 12 month low of $7.85 and a 12 month high of $9.98. The firm’s 50 day moving average is $9.67 and its 200 day moving average is $9.42.

Western Asset Emerging Markets Debt Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, October 1st. Shareholders of record on Monday, September 23rd will be paid a $0.0845 dividend. The ex-dividend date is Monday, September 23rd. This represents a $1.01 dividend on an annualized basis and a yield of 10.28%.

About Western Asset Emerging Markets Debt Fund

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.