Anfield Capital Management LLC Makes New $56,000 Investment in Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD)

Anfield Capital Management LLC purchased a new stake in Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 5,799 shares of the company’s stock, valued at approximately $56,000.

A number of other hedge funds also recently made changes to their positions in the stock. Penserra Capital Management LLC acquired a new position in Western Asset Emerging Markets Debt Fund in the third quarter valued at approximately $4,833,000. Pathstone Holdings LLC grew its holdings in Western Asset Emerging Markets Debt Fund by 6.4% in the third quarter. Pathstone Holdings LLC now owns 2,103,953 shares of the company’s stock worth $21,419,000 after purchasing an additional 125,714 shares during the period. Advisors Asset Management Inc. increased its stake in Western Asset Emerging Markets Debt Fund by 36.1% in the third 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 in the last quarter. U.S. Capital Wealth Advisors LLC bought a new stake in Western Asset Emerging Markets Debt Fund in the fourth quarter valued at $602,000. Finally, Apollon Wealth Management LLC acquired a new position in shares of Western Asset Emerging Markets Debt Fund during the fourth quarter valued at about $245,000. 33.05% of the stock is currently owned by institutional investors.

Western Asset Emerging Markets Debt Fund Stock Performance

Shares of EMD opened at $9.79 on Friday. Western Asset Emerging Markets Debt Fund Inc. has a one year low of $8.89 and a one year high of $10.33. The stock has a 50-day moving average of $9.81 and a 200-day moving average of $9.90.

Western Asset Emerging Markets Debt Fund Increases Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Monday, March 24th will be paid a $0.09 dividend. The ex-dividend date is Monday, March 24th. This is a boost from Western Asset Emerging Markets Debt Fund’s previous dividend of $0.09.

Western Asset Emerging Markets Debt Fund Company Profile

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.