Cetera Investment Advisers Sells 1,168 Shares of Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD)

Cetera Investment Advisers cut its position in Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) by 1.7% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 65,778 shares of the company’s stock after selling 1,168 shares during the quarter. Cetera Investment Advisers owned about 0.23% of Western Asset Emerging Markets Debt Fund worth $651,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in EMD. Cercano Management LLC bought a new stake in Western Asset Emerging Markets Debt Fund during the 4th quarter worth $11,364,000. Pathstone Holdings LLC raised its stake in shares of Western Asset Emerging Markets Debt Fund by 15.6% in the fourth quarter. Pathstone Holdings LLC now owns 2,431,764 shares of the company’s stock worth $23,415,000 after purchasing an additional 327,811 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Western Asset Emerging Markets Debt Fund in the fourth quarter worth approximately $3,122,000. Invesco Ltd. increased its position in shares of Western Asset Emerging Markets Debt Fund by 12.3% during the fourth quarter. Invesco Ltd. now owns 1,074,495 shares of the company’s stock valued at $10,337,000 after acquiring an additional 117,651 shares during the last quarter. Finally, Comprehensive Money Management Services LLC bought a new position in Western Asset Emerging Markets Debt Fund during the fourth quarter valued at $604,000. 33.05% of the stock is currently owned by institutional investors.

Western Asset Emerging Markets Debt Fund Price Performance

Shares of NYSE EMD opened at $10.31 on Friday. Western Asset Emerging Markets Debt Fund Inc. has a 1-year low of $8.56 and a 1-year high of $10.37. The stock has a fifty day simple moving average of $10.06 and a two-hundred day simple moving average of $9.76.

Western Asset Emerging Markets Debt Fund Dividend Announcement

The firm also recently disclosed a — dividend, which will be paid on Monday, December 1st. Investors of record on Thursday, November 20th will be given a $0.095 dividend. This represents a dividend yield of 1,120.0%. The ex-dividend date is Thursday, November 20th.

Western Asset Emerging Markets Debt Fund Company Profile

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.