Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) Shares Acquired by Raymond James & Associates

Raymond James & Associates grew its position in Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) by 5.2% in the 3rd quarter, Holdings Channel.com reports. The fund owned 145,143 shares of the company’s stock after acquiring an additional 7,139 shares during the quarter. Raymond James & Associates’ holdings in Western Asset Emerging Markets Debt Fund were worth $1,974,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its stake in shares of Western Asset Emerging Markets Debt Fund by 786.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,199 shares of the company’s stock worth $45,000 after purchasing an additional 2,838 shares during the last quarter. Golden State Equity Partners purchased a new stake in shares of Western Asset Emerging Markets Debt Fund during the second quarter worth approximately $143,000. Bramshill Investments LLC purchased a new stake in shares of Western Asset Emerging Markets Debt Fund during the second quarter worth approximately $171,000. Arkadios Wealth Advisors raised its stake in shares of Western Asset Emerging Markets Debt Fund by 8.8% during the third quarter. Arkadios Wealth Advisors now owns 14,713 shares of the company’s stock worth $200,000 after purchasing an additional 1,191 shares during the last quarter. Finally, Mutual Advisors LLC raised its stake in shares of Western Asset Emerging Markets Debt Fund by 8.8% during the second quarter. Mutual Advisors LLC now owns 15,236 shares of the company’s stock worth $213,000 after purchasing an additional 1,228 shares during the last quarter.

Western Asset Emerging Markets Debt Fund stock opened at $12.29 on Friday. Western Asset Emerging Markets Debt Fund Inc. has a 12 month low of $12.25 and a 12 month high of $14.30. The business has a 50 day simple moving average of $13.01 and a 200-day simple moving average of $13.53.

The business also recently declared a monthly dividend, which will be paid on Tuesday, March 1st. Stockholders of record on Friday, February 18th will be paid a dividend of $0.09 per share. This represents a $1.08 annualized dividend and a dividend yield of 8.79%. The ex-dividend date of this dividend is Thursday, February 17th.

In other news, Director Daniel P. Cronin sold 4,100 shares of the company’s stock in a transaction that occurred on Wednesday, January 5th. The stock was sold at an average price of $12.84, for a total transaction of $52,644.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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.

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Want to see what other hedge funds are holding EMD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD).

Institutional Ownership by Quarter for Western Asset Emerging Markets Debt Fund (NYSE:EMD)

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