Penserra Capital Management LLC Has $5.20 Million Stock Position in Western Asset Emerging Markets Debt Fund Inc. $EMD

Penserra Capital Management LLC increased its holdings in shares of Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) by 3.0% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 517,743 shares of the company’s stock after buying an additional 15,283 shares during the quarter. Penserra Capital Management LLC owned 1.81% of Western Asset Emerging Markets Debt Fund worth $5,203,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of EMD. Wedbush Securities Inc. raised its stake in Western Asset Emerging Markets Debt Fund by 4.6% during the second quarter. Wedbush Securities Inc. now owns 22,725 shares of the company’s stock worth $228,000 after acquiring an additional 1,000 shares in the last quarter. Gould Asset Management LLC CA grew its holdings in shares of Western Asset Emerging Markets Debt Fund by 7.8% during the 2nd quarter. Gould Asset Management LLC CA now owns 46,035 shares of the company’s stock valued at $463,000 after purchasing an additional 3,350 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Western Asset Emerging Markets Debt Fund by 2.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 47,194 shares of the company’s stock valued at $474,000 after purchasing an additional 1,018 shares during the last quarter. D.A. Davidson & CO. increased its position in Western Asset Emerging Markets Debt Fund by 16.9% during the 2nd quarter. D.A. Davidson & CO. now owns 114,513 shares of the company’s stock worth $1,151,000 after purchasing an additional 16,587 shares in the last quarter. Finally, Stephens Inc. AR lifted its stake in Western Asset Emerging Markets Debt Fund by 5.6% in the 2nd quarter. Stephens Inc. AR now owns 32,766 shares of the company’s stock valued at $329,000 after purchasing an additional 1,750 shares during the last quarter. 33.05% of the stock is owned by institutional investors and hedge funds.

Western Asset Emerging Markets Debt Fund Stock Performance

Shares of Western Asset Emerging Markets Debt Fund stock opened at $10.30 on Monday. The company’s 50 day moving average price is $10.39 and its two-hundred day moving average price is $10.08. Western Asset Emerging Markets Debt Fund Inc. has a fifty-two week low of $8.56 and a fifty-two week high of $10.68.

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.