1607 Capital Partners LLC Lowers Position in Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI)

1607 Capital Partners LLC trimmed its position in shares of Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) by 24.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 70,828 shares of the company’s stock after selling 22,756 shares during the quarter. 1607 Capital Partners LLC’s holdings in Western Asset High Yield Defined Opportunity Fund were worth $837,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of the company. Avior Wealth Management LLC purchased a new position in shares of Western Asset High Yield Defined Opportunity Fund in the 4th quarter worth approximately $65,000. RVW Wealth LLC lifted its holdings in Western Asset High Yield Defined Opportunity Fund by 41.7% during the fourth quarter. RVW Wealth LLC now owns 27,623 shares of the company’s stock worth $327,000 after acquiring an additional 8,123 shares during the period. Consolidated Portfolio Review Corp boosted its position in Western Asset High Yield Defined Opportunity Fund by 1.7% in the fourth quarter. Consolidated Portfolio Review Corp now owns 73,857 shares of the company’s stock worth $873,000 after purchasing an additional 1,221 shares during the last quarter. Concurrent Investment Advisors LLC grew its stake in Western Asset High Yield Defined Opportunity Fund by 25.7% in the 4th quarter. Concurrent Investment Advisors LLC now owns 15,138 shares of the company’s stock valued at $179,000 after purchasing an additional 3,091 shares during the period. Finally, Jones Financial Companies Lllp grew its stake in Western Asset High Yield Defined Opportunity Fund by 151.3% in the 4th quarter. Jones Financial Companies Lllp now owns 12,580 shares of the company’s stock valued at $149,000 after purchasing an additional 7,574 shares during the period.

Western Asset High Yield Defined Opportunity Fund Trading Down 0.6 %

NYSE HYI opened at $11.55 on Thursday. The business’s fifty day moving average is $11.87 and its 200-day moving average is $12.02. Western Asset High Yield Defined Opportunity Fund Inc. has a one year low of $11.05 and a one year high of $12.44.

Western Asset High Yield Defined Opportunity Fund Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th were given a $0.095 dividend. This represents a yield of 9.52%. The ex-dividend date was Monday, March 24th.

Western Asset High Yield Defined Opportunity Fund Company Profile

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.