Hara Capital LLC Sells 3,351 Shares of Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI)

Hara Capital LLC decreased its stake in Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) by 2.6% in the 4th quarter, Holdings Channel.com reports. The fund owned 123,446 shares of the company’s stock after selling 3,351 shares during the quarter. Western Asset High Yield Defined Opportunity Fund makes up 0.9% of Hara Capital LLC’s holdings, making the stock its 28th largest holding. Hara Capital LLC’s holdings in Western Asset High Yield Defined Opportunity Fund were worth $1,459,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently modified their holdings of HYI. International Assets Investment Management LLC grew its holdings in shares of Western Asset High Yield Defined Opportunity Fund by 1,138.0% in the 3rd quarter. International Assets Investment Management LLC now owns 143,026 shares of the company’s stock valued at $1,771,000 after acquiring an additional 131,473 shares in the last quarter. Kovitz Investment Group Partners LLC bought a new position in shares of Western Asset High Yield Defined Opportunity Fund in the 3rd quarter valued at about $707,000. Shaker Financial Services LLC grew its holdings in shares of Western Asset High Yield Defined Opportunity Fund by 31.9% in the 3rd quarter. Shaker Financial Services LLC now owns 144,578 shares of the company’s stock valued at $1,806,000 after acquiring an additional 34,943 shares in the last quarter. Sanctuary Advisors LLC bought a new position in Western Asset High Yield Defined Opportunity Fund during the second quarter worth about $180,000. Finally, RVW Wealth LLC grew its holdings in Western Asset High Yield Defined Opportunity Fund by 41.7% during the fourth quarter. RVW Wealth LLC now owns 27,623 shares of the company’s stock worth $327,000 after purchasing an additional 8,123 shares during the period.

Western Asset High Yield Defined Opportunity Fund Trading Down 0.1 %

Western Asset High Yield Defined Opportunity Fund stock opened at $12.13 on Tuesday. Western Asset High Yield Defined Opportunity Fund Inc. has a 52 week low of $11.38 and a 52 week high of $12.44. The stock has a 50-day simple moving average of $12.01 and a 200 day simple moving average of $12.09.

Western Asset High Yield Defined Opportunity Fund Announces Dividend

The firm also recently declared a dividend, which was paid on Monday, February 3rd. Investors of record on Monday, January 27th were issued a dividend of $0.095 per share. This represents a yield of 9.46%. The ex-dividend date of this dividend was 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.