Western Asset Diversified Income Fund (NYSE:WDI) Shares Up 0.2% – What’s Next?

Western Asset Diversified Income Fund (NYSE:WDI)’s stock price rose 0.2% during trading on Tuesday . The company traded as high as $14.86 and last traded at $14.82. Approximately 110,542 shares were traded during mid-day trading, a decline of 46% from the average daily volume of 206,353 shares. The stock had previously closed at $14.79.

Western Asset Diversified Income Fund Price Performance

The stock’s 50-day moving average price is $14.09 and its 200 day moving average price is $14.52.

Western Asset Diversified Income Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Friday, August 22nd will be given a $0.1485 dividend. This represents a $1.78 dividend on an annualized basis and a dividend yield of 12.02%. The ex-dividend date is Friday, August 22nd.

Hedge Funds Weigh In On Western Asset Diversified Income Fund

A number of institutional investors have recently modified their holdings of WDI. Anfield Capital Management LLC bought a new position in shares of Western Asset Diversified Income Fund in the fourth quarter valued at approximately $56,000. Raymond James Financial Inc. bought a new position in Western Asset Diversified Income Fund during the fourth quarter worth $1,160,000. Farther Finance Advisors LLC increased its position in Western Asset Diversified Income Fund by 40.5% during the fourth quarter. Farther Finance Advisors LLC now owns 5,618 shares of the company’s stock worth $80,000 after acquiring an additional 1,618 shares during the period. Centurion Wealth Management LLC increased its position in Western Asset Diversified Income Fund by 10.6% during the fourth quarter. Centurion Wealth Management LLC now owns 22,002 shares of the company’s stock worth $314,000 after acquiring an additional 2,110 shares during the period. Finally, Advisors Asset Management Inc. increased its position in Western Asset Diversified Income Fund by 4.4% during the fourth quarter. Advisors Asset Management Inc. now owns 428,449 shares of the company’s stock worth $6,105,000 after acquiring an additional 17,919 shares during the period.