Western Asset Inflation-Linked Income Fund (NYSE:WIA) Stock Crosses Below Two Hundred Day Moving Average of $8.06

Western Asset Inflation-Linked Income Fund (NYSE:WIA)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $8.06 and traded as low as $8.02. Western Asset Inflation-Linked Income Fund shares last traded at $8.04, with a volume of 6,733 shares traded.

Western Asset Inflation-Linked Income Fund Price Performance

The stock has a fifty day moving average price of $8.01 and a 200 day moving average price of $8.06.

Western Asset Inflation-Linked Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, August 30th. Investors of record on Friday, August 23rd will be paid a dividend of $0.05 per share. This represents a $0.60 annualized dividend and a yield of 7.46%. The ex-dividend date is Friday, August 23rd.

Institutional Investors Weigh In On Western Asset Inflation-Linked Income Fund

Large investors have recently added to or reduced their stakes in the business. Raymond James & Associates bought a new stake in Western Asset Inflation-Linked Income Fund during the fourth quarter valued at $83,000. Twin Focus Capital Partners LLC bought a new stake in Western Asset Inflation-Linked Income Fund during the fourth quarter valued at $93,000. Nomura Holdings Inc. bought a new stake in Western Asset Inflation-Linked Income Fund during the fourth quarter valued at $153,000. Matisse Capital bought a new stake in Western Asset Inflation-Linked Income Fund during the first quarter valued at $309,000. Finally, PenderFund Capital Management Ltd. boosted its stake in Western Asset Inflation-Linked Income Fund by 8.4% during the fourth quarter. PenderFund Capital Management Ltd. now owns 51,666 shares of the financial services provider’s stock valued at $420,000 after buying an additional 4,000 shares during the period.

About Western Asset Inflation-Linked Income Fund

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.