Stifel Financial Corp Sells 4,825 Shares of Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI)

Stifel Financial Corp trimmed its position in shares of Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) by 9.2% during the 3rd quarter, HoldingsChannel reports. The fund owned 47,350 shares of the company’s stock after selling 4,825 shares during the quarter. Stifel Financial Corp’s holdings in Western Asset High Yield Defined Opportunity Fund were worth $586,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Future Financial Wealth Managment LLC acquired a new position in shares of Western Asset High Yield Defined Opportunity Fund in the 3rd quarter valued at $79,000. Wolverine Asset Management LLC acquired a new position in Western Asset High Yield Defined Opportunity Fund in the second quarter worth about $95,000. B. Riley Wealth Advisors Inc. bought a new position in Western Asset High Yield Defined Opportunity Fund during the second quarter worth about $128,000. MRA Advisory Group acquired a new stake in Western Asset High Yield Defined Opportunity Fund during the third quarter valued at approximately $136,000. Finally, Sanctuary Advisors LLC bought a new stake in shares of Western Asset High Yield Defined Opportunity Fund in the 2nd quarter valued at approximately $180,000.

Western Asset High Yield Defined Opportunity Fund Price Performance

Shares of HYI opened at $11.84 on Friday. The stock has a 50 day simple moving average of $12.10 and a 200-day simple moving average of $12.00. Western Asset High Yield Defined Opportunity Fund Inc. has a 1 year low of $11.38 and a 1 year high of $12.44.

Western Asset High Yield Defined Opportunity Fund Announces Dividend

The business also recently disclosed a dividend, which will be paid on Monday, February 3rd. Shareholders of record on Friday, January 24th will be issued a dividend of $0.095 per share. The ex-dividend date of this dividend is 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.