Western Asset Diversified Income Fund (NYSE:WDI) Stock Price Up 0.2% – Here’s Why

Western Asset Diversified Income Fund (NYSE:WDI) traded up 0.2% during mid-day trading on Monday . The stock traded as high as $14.92 and last traded at $14.85. 192,677 shares were traded during trading, an increase of 8% from the average session volume of 178,594 shares. The stock had previously closed at $14.82.

Western Asset Diversified Income Fund Trading Up 0.2%

The firm has a 50-day simple moving average of $15.01 and a 200-day simple moving average of $14.63.

Western Asset Diversified Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, November 3rd. Shareholders of record on Friday, October 24th will be given a dividend of $0.1485 per share. This represents a c) annualized dividend and a yield of 12.0%. The ex-dividend date of this dividend is Friday, October 24th.

Institutional Trading of Western Asset Diversified Income Fund

Several hedge funds and other institutional investors have recently bought and sold shares of WDI. Oppenheimer & Co. Inc. boosted its position in Western Asset Diversified Income Fund by 3.6% during the 1st quarter. Oppenheimer & Co. Inc. now owns 59,048 shares of the company’s stock valued at $853,000 after acquiring an additional 2,055 shares in the last quarter. D.A. Davidson & CO. bought a new stake in Western Asset Diversified Income Fund during the 1st quarter valued at $159,000. Penserra Capital Management LLC boosted its position in Western Asset Diversified Income Fund by 3.3% during the 1st quarter. Penserra Capital Management LLC now owns 1,215,894 shares of the company’s stock valued at $17,569,000 after acquiring an additional 38,999 shares in the last quarter. Prevail Innovative Wealth Advisors LLC boosted its position in Western Asset Diversified Income Fund by 13.8% during the 1st quarter. Prevail Innovative Wealth Advisors LLC now owns 97,208 shares of the company’s stock valued at $1,405,000 after acquiring an additional 11,822 shares in the last quarter. Finally, Readystate Asset Management LP boosted its position in Western Asset Diversified Income Fund by 128.0% during the 1st quarter. Readystate Asset Management LP now owns 77,934 shares of the company’s stock valued at $1,126,000 after acquiring an additional 43,750 shares in the last quarter.