RVW Wealth LLC Acquires 8,123 Shares of Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI)

RVW Wealth LLC boosted its stake in Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) by 41.7% during the 4th quarter, HoldingsChannel.com reports. The fund owned 27,623 shares of the company’s stock after purchasing an additional 8,123 shares during the quarter. RVW Wealth LLC’s holdings in Western Asset High Yield Defined Opportunity Fund were worth $327,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in HYI. Avior Wealth Management LLC bought a new stake in shares of Western Asset High Yield Defined Opportunity Fund during the 4th quarter valued at about $65,000. Future Financial Wealth Managment LLC purchased a new stake in Western Asset High Yield Defined Opportunity Fund in the third quarter worth about $79,000. B. Riley Wealth Advisors Inc. purchased a new stake in Western Asset High Yield Defined Opportunity Fund in the second quarter worth about $128,000. MRA Advisory Group bought a new stake in Western Asset High Yield Defined Opportunity Fund during the 3rd quarter valued at approximately $136,000. Finally, Sanctuary Advisors LLC purchased a new position in shares of Western Asset High Yield Defined Opportunity Fund during the 2nd quarter worth approximately $180,000.

Western Asset High Yield Defined Opportunity Fund Stock Performance

NYSE HYI opened at $11.98 on Thursday. The stock’s 50 day moving average is $12.02 and its 200 day moving average is $12.06. Western Asset High Yield Defined Opportunity Fund Inc. has a twelve month low of $11.38 and a twelve month high of $12.44.

Western Asset High Yield Defined Opportunity Fund Dividend Announcement

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

About Western Asset High Yield Defined Opportunity Fund

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.