Uncommon Cents Investing LLC Sells 1,000 Shares of Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI)

Uncommon Cents Investing LLC decreased its position in Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYIGet Rating) by 0.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 318,060 shares of the company’s stock after selling 1,000 shares during the quarter. Western Asset High Yield Defined Opportunity Fund makes up approximately 1.5% of Uncommon Cents Investing LLC’s portfolio, making the stock its 15th largest position. Uncommon Cents Investing LLC’s holdings in Western Asset High Yield Defined Opportunity Fund were worth $3,874,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of Western Asset High Yield Defined Opportunity Fund by 23.9% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 413,419 shares of the company’s stock worth $5,738,000 after buying an additional 79,682 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Western Asset High Yield Defined Opportunity Fund by 10.6% in the 1st quarter. Invesco Ltd. now owns 349,133 shares of the company’s stock worth $4,846,000 after buying an additional 33,594 shares during the last quarter. Ameritas Advisory Services LLC boosted its holdings in shares of Western Asset High Yield Defined Opportunity Fund by 3.9% in the 1st quarter. Ameritas Advisory Services LLC now owns 206,129 shares of the company’s stock worth $2,861,000 after buying an additional 7,659 shares during the last quarter. GraniteShares Advisors LLC boosted its holdings in shares of Western Asset High Yield Defined Opportunity Fund by 9.7% in the 1st quarter. GraniteShares Advisors LLC now owns 185,333 shares of the company’s stock worth $2,572,000 after buying an additional 16,439 shares during the last quarter. Finally, Guggenheim Capital LLC boosted its holdings in shares of Western Asset High Yield Defined Opportunity Fund by 7.4% in the 4th quarter. Guggenheim Capital LLC now owns 160,378 shares of the company’s stock worth $2,529,000 after buying an additional 11,041 shares during the last quarter.

Western Asset High Yield Defined Opportunity Fund Price Performance

Shares of NYSE:HYI traded down $0.03 during midday trading on Friday, reaching $12.10. The company had a trading volume of 94 shares, compared to its average volume of 61,098. The company’s 50 day moving average price is $12.47 and its 200 day moving average price is $12.79. Western Asset High Yield Defined Opportunity Fund Inc. has a 52-week low of $11.64 and a 52-week high of $16.64.

Western Asset High Yield Defined Opportunity Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, December 1st. Shareholders of record on Tuesday, November 22nd will be issued a dividend of $0.0945 per share. This represents a $1.13 annualized dividend and a yield of 9.37%. The ex-dividend date is Monday, November 21st.

Western Asset High Yield Defined Opportunity Fund Company Profile

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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.

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Institutional Ownership by Quarter for Western Asset High Yield Defined Opportunity Fund (NYSE:HYI)

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