Western Asset Inflation-Linked Income Fund (NYSE:WIA) Shares Cross Below 200-Day Moving Average – Time to Sell?

Western Asset Inflation-Linked Income Fund (NYSE:WIA)’s share price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $8.24 and traded as low as $8.07. Western Asset Inflation-Linked Income Fund shares last traded at $8.10, with a volume of 73,156 shares traded.

Western Asset Inflation-Linked Income Fund Trading Down 0.9 %

The stock has a fifty day moving average price of $8.24 and a 200-day moving average price of $8.24.

Western Asset Inflation-Linked Income Fund Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Monday, March 31st. Stockholders of record on Tuesday, March 25th were given a $0.052 dividend. This represents a dividend yield of 7.47%. The ex-dividend date of this dividend was Monday, March 24th.

Hedge Funds Weigh In On Western Asset Inflation-Linked Income Fund

Several hedge funds and other institutional investors have recently made changes to their positions in WIA. Steward Partners Investment Advisory LLC raised its position in Western Asset Inflation-Linked Income Fund by 31.4% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 5,200 shares of the financial services provider’s stock valued at $42,000 after purchasing an additional 1,243 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Western Asset Inflation-Linked Income Fund in the fourth quarter valued at about $244,000. Mezzasalma Advisors LLC purchased a new stake in shares of Western Asset Inflation-Linked Income Fund during the 4th quarter valued at about $251,000. Aviance Capital Partners LLC lifted its position in Western Asset Inflation-Linked Income Fund by 44.9% during the 4th quarter. Aviance Capital Partners LLC now owns 46,396 shares of the financial services provider’s stock worth $371,000 after acquiring an additional 14,374 shares in the last quarter. Finally, Grace & White Inc. NY boosted its holdings in Western Asset Inflation-Linked Income Fund by 21.0% in the 4th quarter. Grace & White Inc. NY now owns 46,694 shares of the financial services provider’s stock worth $374,000 after acquiring an additional 8,105 shares during the period.

Western Asset Inflation-Linked Income Fund Company Profile

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.