Western Asset Inflation-Linked Income Fund (NYSE:WIA) Stock Passes Below 200 Day Moving Average – Here’s What Happened

Shares of Western Asset Inflation-Linked Income Fund (NYSE:WIA) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $8.21 and traded as low as $8.00. Western Asset Inflation-Linked Income Fund shares last traded at $8.05, with a volume of 52,109 shares.

Western Asset Inflation-Linked Income Fund Price Performance

The business’s fifty day moving average is $8.24 and its 200-day moving average is $8.21.

Western Asset Inflation-Linked Income Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 21st will be given a dividend of $0.05 per share. This represents a $0.60 annualized dividend and a dividend yield of 7.49%. The ex-dividend date of this dividend is Friday, February 21st.

Institutional Investors Weigh In On Western Asset Inflation-Linked Income Fund

Several large investors have recently made changes to their positions in the company. Capstone Investment Advisors LLC purchased a new stake in shares of Western Asset Inflation-Linked Income Fund during the 3rd quarter worth about $287,000. Nations Financial Group Inc. IA ADV bought a new position in Western Asset Inflation-Linked Income Fund in the third quarter worth $296,000. Fiera Capital Corp boosted its holdings in Western Asset Inflation-Linked Income Fund by 28.9% during the third quarter. Fiera Capital Corp now owns 242,412 shares of the financial services provider’s stock valued at $2,073,000 after purchasing an additional 54,360 shares in the last quarter. Almitas Capital LLC bought a new stake in Western Asset Inflation-Linked Income Fund in the second quarter valued at $951,000. Finally, Wolverine Asset Management LLC grew its stake in Western Asset Inflation-Linked Income Fund by 17.6% during the second quarter. Wolverine Asset Management LLC now owns 146,516 shares of the financial services provider’s stock worth $1,174,000 after buying an additional 21,903 shares during the last quarter.

About Western Asset Inflation-Linked Income Fund

Western Asset/Claymore Inflation-Linked Securities & Income Fund is a closed-ended fixed income mutual fund launched by Guggenheim Partners, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Limited, Western Asset Management Company Ltd., and Western Asset Management Company Pte.