Western Asset Inflation-Linked Income Fund (NYSE:WIA) Stock Crosses Below Two Hundred Day Moving Average – What’s Next?

Western Asset Inflation-Linked Income Fund (NYSE:WIA) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $8.21 and traded as low as $7.95. Western Asset Inflation-Linked Income Fund shares last traded at $8.00, with a volume of 37,281 shares trading hands.

Western Asset Inflation-Linked Income Fund Price Performance

The business’s 50-day moving average price is $8.20 and its 200 day moving average price is $8.21.

Western Asset Inflation-Linked Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 21st will be given a dividend of $0.05 per share. This represents a $0.60 dividend on an annualized basis and a yield of 7.50%. The ex-dividend date is Friday, February 21st.

Institutional Trading of Western Asset Inflation-Linked Income Fund

A number of hedge funds have recently made changes to their positions in WIA. Capstone Investment Advisors LLC bought a new stake in Western Asset Inflation-Linked Income Fund in the 3rd quarter valued at $287,000. Nations Financial Group Inc. IA ADV acquired a new position in shares of Western Asset Inflation-Linked Income Fund in the third quarter valued at $296,000. Almitas Capital LLC bought a new position in shares of Western Asset Inflation-Linked Income Fund in the second quarter valued at about $951,000. Wolverine Asset Management LLC lifted its stake in shares of Western Asset Inflation-Linked Income Fund by 17.6% during the 2nd quarter. Wolverine Asset Management LLC now owns 146,516 shares of the financial services provider’s stock worth $1,174,000 after buying an additional 21,903 shares during the last quarter. Finally, Fiera Capital Corp boosted its holdings in shares of Western Asset Inflation-Linked Income Fund by 28.9% during the 3rd quarter. Fiera Capital Corp now owns 242,412 shares of the financial services provider’s stock worth $2,073,000 after buying an additional 54,360 shares during the period.

Western Asset Inflation-Linked Income Fund Company Profile

Western Asset/Claymore Inflation-Linked Securities & Income Fund is a closed-ended fixed income mutual fund launched by Guggenheim Partners, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Limited, Western Asset Management Company Ltd., and Western Asset Management Company Pte.