Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) Shares Acquired by Gilman Hill Asset Management LLC

Gilman Hill Asset Management LLC grew its holdings in Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) by 20.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 24,800 shares of the company’s stock after acquiring an additional 4,125 shares during the quarter. Gilman Hill Asset Management LLC’s holdings in Western Asset High Yield Defined Opportunity Fund were worth $307,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Future Financial Wealth Managment LLC acquired a new stake in Western Asset High Yield Defined Opportunity Fund in the third quarter worth about $79,000. MRA Advisory Group acquired a new stake in shares of Western Asset High Yield Defined Opportunity Fund during the third quarter worth about $136,000. Sanctuary Advisors LLC acquired a new stake in shares of Western Asset High Yield Defined Opportunity Fund during the second quarter worth about $180,000. B. Riley Wealth Advisors Inc. acquired a new stake in shares of Western Asset High Yield Defined Opportunity Fund during the second quarter worth about $128,000. Finally, Shaker Financial Services LLC lifted its holdings in shares of Western Asset High Yield Defined Opportunity Fund by 163.2% during the second quarter. Shaker Financial Services LLC now owns 109,635 shares of the company’s stock worth $1,285,000 after purchasing an additional 67,976 shares during the period.

Western Asset High Yield Defined Opportunity Fund Stock Down 0.1 %

Western Asset High Yield Defined Opportunity Fund stock opened at $12.32 on Monday. Western Asset High Yield Defined Opportunity Fund Inc. has a 52 week low of $10.99 and a 52 week high of $12.44. The stock has a 50-day moving average price of $12.15 and a 200 day moving average price of $11.82.

Western Asset High Yield Defined Opportunity Fund Dividend Announcement

The company also recently announced a dividend, which will be paid on Friday, November 1st. Investors of record on Thursday, October 24th will be issued a dividend of $0.095 per share. The ex-dividend date is Thursday, October 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.