Everstar Asset Management LLC Has $608,000 Stock Holdings in Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI)

Everstar Asset Management LLC cut its stake in Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) by 5.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 51,405 shares of the company’s stock after selling 3,100 shares during the quarter. Everstar Asset Management LLC’s holdings in Western Asset High Yield Defined Opportunity Fund were worth $608,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in HYI. Raymond James Financial Inc. acquired a new stake in shares of Western Asset High Yield Defined Opportunity Fund in the fourth quarter worth $8,392,000. Kovitz Investment Group Partners LLC acquired a new position in shares of Western Asset High Yield Defined Opportunity Fund in the 3rd quarter valued at $707,000. RVW Wealth LLC lifted its stake in Western Asset High Yield Defined Opportunity Fund by 41.7% during the fourth quarter. RVW Wealth LLC now owns 27,623 shares of the company’s stock worth $327,000 after purchasing an additional 8,123 shares during the period. Jones Financial Companies Lllp boosted its stake in Western Asset High Yield Defined Opportunity Fund by 151.3% in the 4th quarter. Jones Financial Companies Lllp now owns 12,580 shares of the company’s stock valued at $149,000 after buying an additional 7,574 shares in the last quarter. Finally, Avior Wealth Management LLC acquired a new stake in shares of Western Asset High Yield Defined Opportunity Fund in the 4th quarter valued at $65,000.

Western Asset High Yield Defined Opportunity Fund Stock Down 0.7 %

NYSE HYI opened at $11.85 on Monday. Western Asset High Yield Defined Opportunity Fund Inc. has a 1-year low of $11.38 and a 1-year high of $12.44. The company has a 50 day moving average of $12.02 and a 200-day moving average of $12.09.

Western Asset High Yield Defined Opportunity Fund Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th will be given a $0.095 dividend. The ex-dividend date of this dividend is Monday, March 24th. This represents a yield of 9.52%.

Western Asset High Yield Defined Opportunity Fund Company Profile

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.