Western Asset High Yield Defined Opportunity Fund Inc. $HYI Shares Sold by Consolidated Portfolio Review Corp

Consolidated Portfolio Review Corp lessened its stake in shares of Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) by 3.2% during the second quarter, HoldingsChannel reports. The firm owned 67,422 shares of the company’s stock after selling 2,251 shares during the period. Consolidated Portfolio Review Corp’s holdings in Western Asset High Yield Defined Opportunity Fund were worth $808,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Concurrent Investment Advisors LLC lifted its stake in shares of Western Asset High Yield Defined Opportunity Fund by 9.2% during the first quarter. Concurrent Investment Advisors LLC now owns 16,529 shares of the company’s stock worth $196,000 after purchasing an additional 1,391 shares in the last quarter. Cetera Investment Advisers lifted its stake in shares of Western Asset High Yield Defined Opportunity Fund by 17.6% during the first quarter. Cetera Investment Advisers now owns 16,654 shares of the company’s stock worth $197,000 after purchasing an additional 2,487 shares in the last quarter. Huntleigh Advisors Inc. acquired a new position in shares of Western Asset High Yield Defined Opportunity Fund during the first quarter worth about $7,388,000. Readystate Asset Management LP acquired a new position in shares of Western Asset High Yield Defined Opportunity Fund during the first quarter worth about $542,000. Finally, Invesco Ltd. lifted its stake in shares of Western Asset High Yield Defined Opportunity Fund by 4.6% during the first quarter. Invesco Ltd. now owns 72,829 shares of the company’s stock worth $862,000 after purchasing an additional 3,183 shares in the last quarter.

Western Asset High Yield Defined Opportunity Fund Stock Performance

Shares of HYI opened at $11.71 on Thursday. The stock’s 50-day moving average is $11.94 and its two-hundred day moving average is $11.83. Western Asset High Yield Defined Opportunity Fund Inc. has a 12 month low of $11.05 and a 12 month high of $12.43.

Western Asset High Yield Defined Opportunity Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, November 3rd. Investors of record on Friday, October 24th will be paid a $0.095 dividend. The ex-dividend date is Friday, October 24th. This represents a c) annualized dividend and a dividend yield of 9.7%.

Western Asset High Yield Defined Opportunity Fund 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.