Huntleigh Advisors Inc. Reduces Stock Holdings in Western Asset High Yield Defined Opportunity Fund Inc. $HYI

Huntleigh Advisors Inc. lowered its holdings in Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) by 93.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 22,329 shares of the company’s stock after selling 306,100 shares during the quarter. Huntleigh Advisors Inc.’s holdings in Western Asset High Yield Defined Opportunity Fund were worth $249,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Jane Street Group LLC purchased a new stake in Western Asset High Yield Defined Opportunity Fund in the first quarter valued at $207,000. Invesco Ltd. raised its stake in shares of Western Asset High Yield Defined Opportunity Fund by 4.7% during the 2nd quarter. Invesco Ltd. now owns 76,276 shares of the company’s stock valued at $914,000 after buying an additional 3,447 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of Western Asset High Yield Defined Opportunity Fund by 9.9% in the 2nd quarter. Bank of America Corp DE now owns 39,569 shares of the company’s stock valued at $474,000 after buying an additional 3,562 shares during the period. Osaic Holdings Inc. lifted its holdings in shares of Western Asset High Yield Defined Opportunity Fund by 65.0% in the 2nd quarter. Osaic Holdings Inc. now owns 20,792 shares of the company’s stock valued at $249,000 after buying an additional 8,189 shares during the period. Finally, World Investment Advisors purchased a new stake in shares of Western Asset High Yield Defined Opportunity Fund in the third quarter worth about $139,000.

Western Asset High Yield Defined Opportunity Fund Price Performance

Western Asset High Yield Defined Opportunity Fund stock opened at $10.79 on Monday. Western Asset High Yield Defined Opportunity Fund Inc. has a 52 week low of $10.44 and a 52 week high of $12.13. The business’s 50-day moving average price is $10.91 and its 200 day moving average price is $11.10.

Western Asset High Yield Defined Opportunity Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, May 29th. Shareholders of record on Thursday, May 21st will be given a $0.095 dividend. This represents a c) annualized dividend and a yield of 10.6%. The ex-dividend date is Thursday, May 21st.

About Western Asset High Yield Defined Opportunity Fund

Western Asset High Yield Defined Opportunity Fund, Inc (NYSE: HYI) is a diversified closed-end management investment company that seeks to provide shareholders with a high level of current income and the potential for capital appreciation. Organized under the Investment Company Act of 1940, the fund pursues its objective by investing primarily in below-investment-grade fixed income securities, including high yield corporate debt, convertible bonds and other credit instruments. Its portfolio may also include unrated debt securities that the adviser deems to be of comparable quality.

Under normal market conditions, the fund allocates at least 80% of its managed assets to high yield securities issued by U.S.