Sanctuary Advisors LLC Cuts Stake in Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI)

Sanctuary Advisors LLC trimmed its stake in Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) by 15.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 13,202 shares of the company’s stock after selling 2,402 shares during the quarter. Sanctuary Advisors LLC’s holdings in Western Asset High Yield Defined Opportunity Fund were worth $161,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Shaker Financial Services LLC grew its stake in Western Asset High Yield Defined Opportunity Fund by 31.9% during the third quarter. Shaker Financial Services LLC now owns 144,578 shares of the company’s stock worth $1,806,000 after buying an additional 34,943 shares during the period. International Assets Investment Management LLC boosted its position in Western Asset High Yield Defined Opportunity Fund by 1,138.0% during the 3rd quarter. International Assets Investment Management LLC now owns 143,026 shares of the company’s stock worth $1,771,000 after purchasing an additional 131,473 shares during the period. Raymond James & Associates increased its holdings in Western Asset High Yield Defined Opportunity Fund by 7.2% in the 2nd quarter. Raymond James & Associates now owns 138,342 shares of the company’s stock valued at $1,605,000 after purchasing an additional 9,283 shares in the last quarter. Consolidated Portfolio Review Corp raised its position in Western Asset High Yield Defined Opportunity Fund by 1.2% in the third quarter. Consolidated Portfolio Review Corp now owns 72,636 shares of the company’s stock valued at $899,000 after purchasing an additional 836 shares during the period. Finally, Kovitz Investment Group Partners LLC acquired a new position in shares of Western Asset High Yield Defined Opportunity Fund during the third quarter worth about $707,000.

Western Asset High Yield Defined Opportunity Fund Stock Down 0.3 %

Shares of NYSE HYI opened at $11.72 on Tuesday. Western Asset High Yield Defined Opportunity Fund Inc. has a 1-year low of $11.38 and a 1-year high of $12.44. The business has a 50-day moving average of $12.09 and a 200-day moving average of $12.01.

Western Asset High Yield Defined Opportunity Fund Announces Dividend

The company also recently disclosed a dividend, which will be paid on Monday, February 3rd. Shareholders of record on Friday, January 24th will be given a $0.095 dividend. The ex-dividend date of this dividend is Friday, January 24th.

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.