Avior Wealth Management LLC Makes New $65,000 Investment in Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI)

Avior Wealth Management LLC bought a new position in shares of Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYIFree Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 5,500 shares of the company’s stock, valued at approximately $65,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Kovitz Investment Group Partners LLC bought a new position in Western Asset High Yield Defined Opportunity Fund during the third quarter worth about $707,000. Shaker Financial Services LLC boosted its position in Western Asset High Yield Defined Opportunity Fund by 31.9% during the third quarter. Shaker Financial Services LLC now owns 144,578 shares of the company’s stock worth $1,806,000 after purchasing an additional 34,943 shares during the period. Consolidated Portfolio Review Corp boosted its position in Western Asset High Yield Defined Opportunity Fund by 1.2% during the third quarter. Consolidated Portfolio Review Corp now owns 72,636 shares of the company’s stock worth $899,000 after purchasing an additional 836 shares during the period. International Assets Investment Management LLC boosted its position in Western Asset High Yield Defined Opportunity Fund by 1,138.0% during the third quarter. International Assets Investment Management LLC now owns 143,026 shares of the company’s stock worth $1,771,000 after purchasing an additional 131,473 shares during the period. Finally, Gilman Hill Asset Management LLC boosted its position in Western Asset High Yield Defined Opportunity Fund by 20.0% during the third quarter. Gilman Hill Asset Management LLC now owns 24,800 shares of the company’s stock worth $307,000 after purchasing an additional 4,125 shares during the period.

Western Asset High Yield Defined Opportunity Fund Trading Down 0.4 %

Shares of NYSE:HYI opened at $11.97 on Thursday. Western Asset High Yield Defined Opportunity Fund Inc. has a twelve month low of $11.38 and a twelve month high of $12.44. The company has a 50-day moving average price of $12.02 and a two-hundred day moving average price of $12.06.

Western Asset High Yield Defined Opportunity Fund Announces Dividend

The company also recently declared a dividend, which will be paid on Monday, February 3rd. Stockholders of record on Monday, January 27th will be issued a $0.095 dividend. This represents a dividend yield of 9.46%. The ex-dividend date of this dividend is Friday, January 24th.

Western Asset High Yield Defined Opportunity Fund Profile

(Free Report)

Western Asset High Yield Defined Opportunity Fund Inc is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund 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.

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Institutional Ownership by Quarter for Western Asset High Yield Defined Opportunity Fund (NYSE:HYI)

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