International Assets Investment Management LLC Grows Holdings in Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI)

International Assets Investment Management LLC grew its position in shares of Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) by 1,138.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 143,026 shares of the company’s stock after purchasing an additional 131,473 shares during the period. International Assets Investment Management LLC’s holdings in Western Asset High Yield Defined Opportunity Fund were worth $1,771,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Hara Capital LLC grew its stake in Western Asset High Yield Defined Opportunity Fund by 17.4% in the 2nd quarter. Hara Capital LLC now owns 180,743 shares of the company’s stock worth $2,097,000 after acquiring an additional 26,725 shares during the period. Raymond James & Associates boosted its holdings in shares of Western Asset High Yield Defined Opportunity Fund by 7.2% during the second quarter. Raymond James & Associates now owns 138,342 shares of the company’s stock worth $1,605,000 after purchasing an additional 9,283 shares during the last quarter. Shaker Financial Services LLC increased its stake in Western Asset High Yield Defined Opportunity Fund by 163.2% in the second quarter. Shaker Financial Services LLC now owns 109,635 shares of the company’s stock valued at $1,285,000 after purchasing an additional 67,976 shares during the last quarter. Consolidated Portfolio Review Corp increased its stake in Western Asset High Yield Defined Opportunity Fund by 103.6% in the second quarter. Consolidated Portfolio Review Corp now owns 71,800 shares of the company’s stock valued at $833,000 after purchasing an additional 36,527 shares during the last quarter. Finally, Gilman Hill Asset Management LLC lifted its position in Western Asset High Yield Defined Opportunity Fund by 20.0% during the third quarter. Gilman Hill Asset Management LLC now owns 24,800 shares of the company’s stock worth $307,000 after buying an additional 4,125 shares during the period.

Western Asset High Yield Defined Opportunity Fund Price Performance

Shares of NYSE:HYI opened at $12.32 on Monday. Western Asset High Yield Defined Opportunity Fund Inc. has a 12-month low of $11.12 and a 12-month high of $12.44. The stock’s 50-day moving average price is $12.20 and its two-hundred day moving average price is $11.86.

Western Asset High Yield Defined Opportunity Fund Announces Dividend

The business also recently announced a dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 21st will be issued a $0.095 dividend. The ex-dividend date is Thursday, November 21st.

Western Asset High Yield Defined Opportunity Fund Profile

Western Asset High Yield Defined Opportunity Fund Inc is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Pte. Ltd., Western Asset Management Company Ltd and Western Asset Management Company Limited.