Laidlaw Wealth Management LLC Purchases 5,700 Shares of Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD)

Laidlaw Wealth Management LLC raised its position in Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) by 9.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 67,550 shares of the company’s stock after buying an additional 5,700 shares during the quarter. Laidlaw Wealth Management LLC’s holdings in Western Asset Emerging Markets Debt Fund were worth $650,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Penserra Capital Management LLC bought a new stake in shares of Western Asset Emerging Markets Debt Fund in the third quarter valued at $4,833,000. U.S. Capital Wealth Advisors LLC bought a new stake in shares of Western Asset Emerging Markets Debt Fund during the 4th quarter valued at $602,000. Apollon Wealth Management LLC bought a new stake in shares of Western Asset Emerging Markets Debt Fund during the 4th quarter valued at $245,000. International Assets Investment Management LLC raised its stake in shares of Western Asset Emerging Markets Debt Fund by 918.0% during the 3rd quarter. International Assets Investment Management LLC now owns 6,108 shares of the company’s stock valued at $600,000 after purchasing an additional 5,508 shares during the period. Finally, Advisors Asset Management Inc. raised its stake in shares of Western Asset Emerging Markets Debt Fund by 36.1% during the 3rd quarter. Advisors Asset Management Inc. now owns 403,477 shares of the company’s stock valued at $4,107,000 after purchasing an additional 106,948 shares during the period. 33.05% of the stock is currently owned by institutional investors.

Western Asset Emerging Markets Debt Fund Trading Down 0.0 %

NYSE:EMD opened at $9.98 on Wednesday. Western Asset Emerging Markets Debt Fund Inc. has a 52-week low of $8.89 and a 52-week high of $10.33. The business’s fifty day moving average is $9.83 and its 200 day moving average is $9.89.

Western Asset Emerging Markets Debt Fund Announces Dividend

The firm also recently announced a dividend, which was paid on Monday, February 3rd. Investors of record on Monday, January 27th were given a dividend of $0.0875 per share. This represents a yield of 10.66%. The ex-dividend date of this dividend was Friday, January 24th.

About Western Asset Emerging Markets Debt Fund

Western Asset Emerging Markets Debt Fund Inc is an open ended fixed-income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company, Western Asset Management Company Limited and Western Asset Management Company Pte. Ltd. The fund invests in fixed income markets of emerging market countries across the globe.