Jane Street Group LLC Increases Position in Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE:IGI)

Jane Street Group LLC increased its holdings in shares of Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE:IGI) by 84.6% in the third quarter, according to its most recent filing with the SEC. The fund owned 209,405 shares of the company’s stock after acquiring an additional 95,942 shares during the period. Jane Street Group LLC’s holdings in Western Asset Investment Grade Defined Opportunity Trust were worth $3,769,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Hara Capital LLC boosted its stake in shares of Western Asset Investment Grade Defined Opportunity Trust by 20.4% during the second quarter. Hara Capital LLC now owns 204,560 shares of the company’s stock valued at $3,494,000 after purchasing an additional 34,665 shares during the period. Almitas Capital LLC purchased a new stake in Western Asset Investment Grade Defined Opportunity Trust in the 2nd quarter valued at about $3,575,000. Hennion & Walsh Asset Management Inc. grew its stake in Western Asset Investment Grade Defined Opportunity Trust by 16.2% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 85,524 shares of the company’s stock worth $1,539,000 after acquiring an additional 11,917 shares in the last quarter. Oak Harbor Wealth Partners LLC increased its position in shares of Western Asset Investment Grade Defined Opportunity Trust by 24.3% during the third quarter. Oak Harbor Wealth Partners LLC now owns 21,012 shares of the company’s stock worth $378,000 after acquiring an additional 4,112 shares during the period. Finally, Quarry LP bought a new stake in shares of Western Asset Investment Grade Defined Opportunity Trust during the third quarter valued at approximately $212,000.

Western Asset Investment Grade Defined Opportunity Trust Price Performance

Shares of NYSE:IGI opened at $16.70 on Thursday. The business’s 50 day moving average is $16.85 and its 200 day moving average is $17.26. Western Asset Investment Grade Defined Opportunity Trust Inc. has a 52-week low of $16.48 and a 52-week high of $18.30.

Western Asset Investment Grade Defined Opportunity Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd will be paid a dividend of $0.071 per share. The ex-dividend date is Monday, December 23rd. This represents a $0.85 annualized dividend and a dividend yield of 5.10%.

About Western Asset Investment Grade Defined Opportunity Trust

Western Asset Investment Grade Defined Opportunity Trust Inc is a close-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 Pte. Ltd, Western Asset Management Company Ltd., and Western Asset Management Company Limited.