Western Asset Inflation-Linked Income Fund (NYSE:WIA) Share Price Crosses Below 200 Day Moving Average – Time to Sell?

Western Asset Inflation-Linked Income Fund (NYSE:WIA) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $8.20 and traded as low as $7.95. Western Asset Inflation-Linked Income Fund shares last traded at $7.99, with a volume of 43,371 shares trading hands.

Western Asset Inflation-Linked Income Fund Price Performance

The business has a 50-day moving average of $8.17 and a 200 day moving average of $8.20.

Western Asset Inflation-Linked Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, February 28th. Stockholders 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 dividend yield of 7.51%. The ex-dividend date of this dividend is Friday, February 21st.

Institutional Trading of Western Asset Inflation-Linked Income Fund

Hedge funds have recently bought and sold shares of the business. Capstone Investment Advisors LLC bought a new position in shares of Western Asset Inflation-Linked Income Fund in the third quarter valued at $287,000. Nations Financial Group Inc. IA ADV acquired a new stake in shares of Western Asset Inflation-Linked Income Fund in the 3rd quarter worth about $296,000. Fiera Capital Corp lifted its position in Western Asset Inflation-Linked Income Fund by 28.9% in the 3rd quarter. Fiera Capital Corp now owns 242,412 shares of the financial services provider’s stock valued at $2,073,000 after acquiring an additional 54,360 shares in the last quarter. Finally, Almitas Capital LLC acquired a new position in Western Asset Inflation-Linked Income Fund during the 2nd quarter valued at about $951,000.

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.