Western Asset Emerging Mrkts Dbt Fnd Inc (NYSE:EMD) Shares Bought by National Asset Management Inc.

National Asset Management Inc. raised its holdings in Western Asset Emerging Mrkts Dbt Fnd Inc (NYSE:EMD) by 0.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 306,333 shares of the company’s stock after acquiring an additional 2,204 shares during the period. National Asset Management Inc. owned approximately 1.07% of Western Asset Emerging Mrkts Dbt Fnd worth $4,178,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in EMD. Roosevelt Investment Group Inc. acquired a new stake in shares of Western Asset Emerging Mrkts Dbt Fnd during the 1st quarter worth approximately $151,000. Advisor Group Inc. increased its holdings in shares of Western Asset Emerging Mrkts Dbt Fnd by 67.3% during the 2nd quarter. Advisor Group Inc. now owns 11,844 shares of the company’s stock worth $170,000 after buying an additional 4,765 shares during the last quarter. B. Riley Wealth Management Inc. acquired a new stake in shares of Western Asset Emerging Mrkts Dbt Fnd during the 1st quarter worth approximately $164,000. Pinnacle Wealth Planning Services Inc. acquired a new stake in shares of Western Asset Emerging Mrkts Dbt Fnd during the 1st quarter worth approximately $186,000. Finally, Gould Asset Management LLC CA acquired a new stake in shares of Western Asset Emerging Mrkts Dbt Fnd during the 1st quarter worth approximately $229,000.

Shares of NYSE EMD traded up $0.02 during midday trading on Tuesday, reaching $13.72. 4,310 shares of the stock were exchanged, compared to its average volume of 171,565. The company has a 50 day simple moving average of $14.28 and a 200 day simple moving average of $13.93. Western Asset Emerging Mrkts Dbt Fnd Inc has a twelve month low of $11.82 and a twelve month high of $14.54.

The business also recently announced a monthly dividend, which will be paid on Tuesday, September 3rd. Investors of record on Friday, August 23rd will be issued a $0.10 dividend. The ex-dividend date of this dividend is Thursday, August 22nd. This represents a $1.20 annualized dividend and a yield of 8.75%.

About Western Asset Emerging Mrkts Dbt Fnd

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.

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Institutional Ownership by Quarter for Western Asset Emerging Mrkts Dbt Fnd (NYSE:EMD)

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