E&G Advisors LP Has $926,000 Holdings in Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI)

E&G Advisors LP decreased its position in Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) by 8.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 78,310 shares of the company’s stock after selling 7,592 shares during the quarter. E&G Advisors LP’s holdings in Western Asset High Yield Defined Opportunity Fund were worth $926,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the company. International Assets Investment Management LLC grew its holdings in Western Asset High Yield Defined Opportunity Fund by 1,138.0% in the 3rd quarter. International Assets Investment Management LLC now owns 143,026 shares of the company’s stock valued at $1,771,000 after buying an additional 131,473 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in Western Asset High Yield Defined Opportunity Fund during the second quarter worth approximately $180,000. Gilman Hill Asset Management LLC increased its stake in Western Asset High Yield Defined Opportunity Fund by 20.0% during the 3rd quarter. Gilman Hill Asset Management LLC now owns 24,800 shares of the company’s stock worth $307,000 after acquiring an additional 4,125 shares during the period. B. Riley Wealth Advisors Inc. acquired a new position in Western Asset High Yield Defined Opportunity Fund in the 2nd quarter valued at $128,000. Finally, Future Financial Wealth Managment LLC bought a new stake in shares of Western Asset High Yield Defined Opportunity Fund during the 3rd quarter valued at $79,000.

Western Asset High Yield Defined Opportunity Fund Stock Performance

Shares of NYSE HYI opened at $12.11 on Tuesday. The stock’s fifty day moving average is $12.01 and its 200 day moving average is $12.07. Western Asset High Yield Defined Opportunity Fund Inc. has a 52 week low of $11.38 and a 52 week high of $12.44.

Western Asset High Yield Defined Opportunity Fund Dividend Announcement

The company also recently declared a dividend, which was paid on Monday, February 3rd. Stockholders of record on Monday, January 27th were issued a dividend of $0.095 per share. This represents a dividend yield of 9.46%. The ex-dividend date of this dividend was Friday, January 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.