Uncommon Cents Investing LLC Reduces Holdings in Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI)

Uncommon Cents Investing LLC lowered its stake in Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) by 0.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 298,700 shares of the company’s stock after selling 2,580 shares during the quarter. Western Asset High Yield Defined Opportunity Fund makes up about 1.1% of Uncommon Cents Investing LLC’s holdings, making the stock its 27th biggest position. Uncommon Cents Investing LLC’s holdings in Western Asset High Yield Defined Opportunity Fund were worth $3,531,000 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. Future Financial Wealth Managment LLC acquired a new position in shares of Western Asset High Yield Defined Opportunity Fund in the third quarter worth $79,000. B. Riley Wealth Advisors Inc. purchased a new stake in Western Asset High Yield Defined Opportunity Fund during the 2nd quarter worth about $128,000. MRA Advisory Group acquired a new position in Western Asset High Yield Defined Opportunity Fund in the 3rd quarter valued at about $136,000. Sanctuary Advisors LLC acquired a new position in Western Asset High Yield Defined Opportunity Fund in the 2nd quarter valued at about $180,000. Finally, Gilman Hill Asset Management LLC lifted its holdings in Western Asset High Yield Defined Opportunity Fund by 20.0% in the 3rd quarter. Gilman Hill Asset Management LLC now owns 24,800 shares of the company’s stock valued at $307,000 after purchasing an additional 4,125 shares in the last quarter.

Western Asset High Yield Defined Opportunity Fund Trading Up 0.5 %

Shares of NYSE HYI opened at $12.04 on Monday. The company has a 50-day simple moving average of $12.02 and a 200-day simple moving average of $12.04. Western Asset High Yield Defined Opportunity Fund Inc. has a 12 month low of $11.38 and a 12 month high of $12.44.

Western Asset High Yield Defined Opportunity Fund Announces Dividend

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

Western Asset High Yield Defined Opportunity Fund Company 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.