Stifel Financial Corp Has $607,000 Stock Position in Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD)

Stifel Financial Corp lessened its stake in Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) by 6.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 59,594 shares of the company’s stock after selling 4,242 shares during the quarter. Stifel Financial Corp’s holdings in Western Asset Emerging Markets Debt Fund were worth $607,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Raymond James & Associates grew its stake in shares of Western Asset Emerging Markets Debt Fund by 8.5% during the second quarter. Raymond James & Associates now owns 193,978 shares of the company’s stock valued at $1,806,000 after purchasing an additional 15,142 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its position in Western Asset Emerging Markets Debt Fund by 16.7% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,460,726 shares of the company’s stock valued at $13,599,000 after buying an additional 209,374 shares during the last quarter. Moloney Securities Asset Management LLC increased its stake in shares of Western Asset Emerging Markets Debt Fund by 37.4% in the 2nd quarter. Moloney Securities Asset Management LLC now owns 42,497 shares of the company’s stock valued at $396,000 after buying an additional 11,562 shares during the period. Matisse Capital acquired a new stake in shares of Western Asset Emerging Markets Debt Fund in the 2nd quarter valued at $572,000. Finally, Rothschild Investment LLC bought a new stake in shares of Western Asset Emerging Markets Debt Fund during the second quarter worth $28,000. Institutional investors and hedge funds own 33.05% of the company’s stock.

Western Asset Emerging Markets Debt Fund Trading Up 0.1 %

Western Asset Emerging Markets Debt Fund stock opened at $9.79 on Thursday. The business’s 50-day simple moving average is $9.89 and its 200 day simple moving average is $9.82. Western Asset Emerging Markets Debt Fund Inc. has a 12-month low of $8.88 and a 12-month high of $10.33.

Western Asset Emerging Markets Debt Fund Cuts Dividend

The firm also recently announced a dividend, which will be paid on Monday, February 3rd. Stockholders of record on Friday, January 24th will be paid a $0.0875 dividend. The ex-dividend date of this dividend is Friday, January 24th.

Western Asset Emerging Markets Debt Fund Company Profile

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.