Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) Position Increased by Insigneo Advisory Services LLC

Insigneo Advisory Services LLC increased its stake in shares of Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) by 15.6% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 47,862 shares of the company’s stock after acquiring an additional 6,454 shares during the period. Insigneo Advisory Services LLC’s holdings in Western Asset Emerging Markets Debt Fund were worth $460,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in EMD. Guggenheim Capital LLC grew its position in shares of Western Asset Emerging Markets Debt Fund by 7.0% during the fourth quarter. Guggenheim Capital LLC now owns 218,298 shares of the company’s stock worth $2,100,000 after acquiring an additional 14,305 shares during the last quarter. Walleye Capital LLC acquired a new position in Western Asset Emerging Markets Debt Fund during the 4th quarter valued at about $354,000. Raymond James Financial Inc. bought a new position in Western Asset Emerging Markets Debt Fund in the 4th quarter worth about $3,122,000. Advisory Services Network LLC increased its stake in shares of Western Asset Emerging Markets Debt Fund by 13.3% in the fourth quarter. Advisory Services Network LLC now owns 178,604 shares of the company’s stock valued at $1,718,000 after purchasing an additional 20,935 shares during the period. Finally, Invesco Ltd. raised its holdings in shares of Western Asset Emerging Markets Debt Fund by 12.3% during the fourth quarter. Invesco Ltd. now owns 1,074,495 shares of the company’s stock valued at $10,337,000 after buying an additional 117,651 shares during the last quarter. 33.05% of the stock is owned by institutional investors and hedge funds.

Western Asset Emerging Markets Debt Fund Trading Up 1.2 %

Shares of NYSE EMD opened at $9.11 on Friday. Western Asset Emerging Markets Debt Fund Inc. has a 12-month low of $8.56 and a 12-month high of $10.33. The stock has a 50 day simple moving average of $9.62 and a 200-day simple moving average of $9.79.

Western Asset Emerging Markets Debt Fund Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th were paid a $0.09 dividend. The ex-dividend date of this dividend was Monday, March 24th. This represents a dividend yield of 10.92%.

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.