Jane Street Group LLC Buys 95,942 Shares of Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE:IGI)

Jane Street Group LLC lifted its position in Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE:IGI) by 84.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 209,405 shares of the company’s stock after purchasing an additional 95,942 shares during the quarter. Jane Street Group LLC’s holdings in Western Asset Investment Grade Defined Opportunity Trust were worth $3,769,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Almitas Capital LLC bought a new stake in Western Asset Investment Grade Defined Opportunity Trust in the 2nd quarter worth approximately $3,575,000. Hara Capital LLC increased its position in Western Asset Investment Grade Defined Opportunity Trust by 20.4% in the second quarter. Hara Capital LLC now owns 204,560 shares of the company’s stock worth $3,494,000 after purchasing an additional 34,665 shares during the last quarter. Hennion & Walsh Asset Management Inc. raised its stake in Western Asset Investment Grade Defined Opportunity Trust by 16.2% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 85,524 shares of the company’s stock valued at $1,539,000 after purchasing an additional 11,917 shares in the last quarter. Oak Harbor Wealth Partners LLC raised its stake in Western Asset Investment Grade Defined Opportunity Trust by 24.3% during the third quarter. Oak Harbor Wealth Partners LLC now owns 21,012 shares of the company’s stock valued at $378,000 after purchasing an additional 4,112 shares in the last quarter. Finally, Quarry LP bought a new position in Western Asset Investment Grade Defined Opportunity Trust during the third quarter valued at $212,000.

Western Asset Investment Grade Defined Opportunity Trust Stock Performance

Western Asset Investment Grade Defined Opportunity Trust stock opened at $16.70 on Thursday. The company’s 50-day moving average price is $16.85 and its 200-day moving average price is $17.26. Western Asset Investment Grade Defined Opportunity Trust Inc. has a twelve month low of $16.48 and a twelve month high of $18.30.

Western Asset Investment Grade Defined Opportunity Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd will be paid a dividend of $0.071 per share. The ex-dividend date is Monday, December 23rd. This represents a $0.85 annualized dividend and a yield of 5.10%.

Western Asset Investment Grade Defined Opportunity Trust Profile

Western Asset Investment Grade Defined Opportunity Trust Inc is a close-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 Pte. Ltd, Western Asset Management Company Ltd., and Western Asset Management Company Limited.