Anfield Capital Management LLC Takes Position in Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD)

Anfield Capital Management LLC bought a new position in Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 5,799 shares of the company’s stock, valued at approximately $56,000.

Other large investors have also added to or reduced their stakes in the company. International Assets Investment Management LLC raised its position in Western Asset Emerging Markets Debt Fund by 918.0% in the 3rd quarter. International Assets Investment Management LLC now owns 6,108 shares of the company’s stock valued at $600,000 after buying an additional 5,508 shares during the last quarter. Wealth Enhancement Advisory Services LLC purchased a new stake in Western Asset Emerging Markets Debt Fund in the 3rd quarter valued at about $104,000. Moloney Securities Asset Management LLC lifted its holdings in Western Asset Emerging Markets Debt Fund by 23.9% during the third quarter. Moloney Securities Asset Management LLC now owns 52,638 shares of the company’s stock worth $536,000 after acquiring an additional 10,141 shares during the period. Concurrent Investment Advisors LLC increased its holdings in Western Asset Emerging Markets Debt Fund by 13.2% during the third quarter. Concurrent Investment Advisors LLC now owns 24,356 shares of the company’s stock worth $248,000 after buying an additional 2,844 shares during the last quarter. Finally, Pathstone Holdings LLC grew its holdings in Western Asset Emerging Markets Debt Fund by 6.4% during the third quarter. Pathstone Holdings LLC now owns 2,103,953 shares of the company’s stock valued at $21,419,000 after purchasing an additional 125,714 shares during the period. Institutional investors own 33.05% of the company’s stock.

Western Asset Emerging Markets Debt Fund Stock Performance

Shares of Western Asset Emerging Markets Debt Fund stock opened at $9.79 on Friday. Western Asset Emerging Markets Debt Fund Inc. has a 52-week low of $8.89 and a 52-week high of $10.33. The stock’s 50-day simple moving average is $9.81 and its 200 day simple moving average is $9.90.

Western Asset Emerging Markets Debt Fund Increases Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, April 1st. Investors of record on Monday, March 24th will be issued a dividend of $0.09 per share. This is a boost from Western Asset Emerging Markets Debt Fund’s previous dividend of $0.09. The ex-dividend date is Monday, March 24th.

Western Asset Emerging Markets Debt Fund 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.