Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) Shares Sold by City of London Investment Management Co. Ltd.

City of London Investment Management Co. Ltd. lowered its stake in Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) by 91.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,544 shares of the company’s stock after selling 163,918 shares during the quarter. City of London Investment Management Co. Ltd.’s holdings in Western Asset High Yield Defined Opportunity Fund were worth $169,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Shaker Financial Services LLC lifted its stake in shares of Western Asset High Yield Defined Opportunity Fund by 163.2% in the 2nd quarter. Shaker Financial Services LLC now owns 109,635 shares of the company’s stock worth $1,285,000 after acquiring an additional 67,976 shares during the period. Wolverine Asset Management LLC bought a new position in Western Asset High Yield Defined Opportunity Fund during the 2nd quarter valued at $95,000. Consolidated Portfolio Review Corp increased its position in shares of Western Asset High Yield Defined Opportunity Fund by 103.6% during the 2nd quarter. Consolidated Portfolio Review Corp now owns 71,800 shares of the company’s stock valued at $833,000 after purchasing an additional 36,527 shares during the period. Hara Capital LLC raised its stake in shares of Western Asset High Yield Defined Opportunity Fund by 17.4% in the 2nd quarter. Hara Capital LLC now owns 180,743 shares of the company’s stock worth $2,097,000 after buying an additional 26,725 shares in the last quarter. Finally, Raymond James & Associates lifted its holdings in shares of Western Asset High Yield Defined Opportunity Fund by 7.2% in the second quarter. Raymond James & Associates now owns 138,342 shares of the company’s stock valued at $1,605,000 after buying an additional 9,283 shares during the period.

Western Asset High Yield Defined Opportunity Fund Stock Up 0.1 %

NYSE:HYI opened at $12.14 on Monday. Western Asset High Yield Defined Opportunity Fund Inc. has a 52-week low of $10.99 and a 52-week high of $12.24. The business’s 50-day moving average price is $11.91 and its 200 day moving average price is $11.78.

Western Asset High Yield Defined Opportunity Fund Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Monday, September 23rd will be paid a $0.095 dividend. The ex-dividend date of this dividend is Monday, September 23rd.

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.