Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) Shares Purchased by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC boosted its stake in shares of Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) by 13.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 24,356 shares of the company’s stock after buying an additional 2,844 shares during the quarter. Concurrent Investment Advisors LLC owned 0.09% of Western Asset Emerging Markets Debt Fund worth $248,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in EMD. Allspring Global Investments Holdings LLC increased its stake in shares of Western Asset Emerging Markets Debt Fund by 16.7% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,460,726 shares of the company’s stock worth $13,599,000 after purchasing an additional 209,374 shares in the last quarter. Cetera Investment Advisers increased its position in Western Asset Emerging Markets Debt Fund by 5.7% during the second quarter. Cetera Investment Advisers now owns 286,130 shares of the company’s stock worth $2,664,000 after buying an additional 15,473 shares in the last quarter. Advisors Asset Management Inc. raised its holdings in shares of Western Asset Emerging Markets Debt Fund by 73.0% in the first quarter. Advisors Asset Management Inc. now owns 258,211 shares of the company’s stock worth $2,481,000 after acquiring an additional 108,941 shares during the last quarter. Cetera Advisors LLC purchased a new stake in shares of Western Asset Emerging Markets Debt Fund in the first quarter valued at $2,382,000. Finally, Raymond James & Associates lifted its position in shares of Western Asset Emerging Markets Debt Fund by 8.5% in the second quarter. Raymond James & Associates now owns 193,978 shares of the company’s stock valued at $1,806,000 after acquiring an additional 15,142 shares in the last quarter. 33.05% of the stock is owned by hedge funds and other institutional investors.

Western Asset Emerging Markets Debt Fund Trading Down 1.3 %

Western Asset Emerging Markets Debt Fund stock opened at $9.83 on Tuesday. The stock has a 50-day moving average price of $9.98 and a 200 day moving average price of $9.69. Western Asset Emerging Markets Debt Fund Inc. has a 52 week low of $8.26 and a 52 week high of $10.33.

Western Asset Emerging Markets Debt Fund Company 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.