Western Asset Inflation-Linked Income Fund (NYSE:WIA) Share Price Passes Below Two Hundred Day Moving Average – Here’s What Happened

Western Asset Inflation-Linked Income Fund (NYSE:WIA)’s stock price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $8.23 and traded as low as $8.18. Western Asset Inflation-Linked Income Fund shares last traded at $8.25, with a volume of 70,013 shares trading hands.

Western Asset Inflation-Linked Income Fund Stock Performance

The business has a 50 day moving average of $8.15 and a 200-day moving average of $8.23.

Western Asset Inflation-Linked Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 24th will be issued a $0.052 dividend. The ex-dividend date is Monday, March 24th. This represents a $0.62 annualized dividend and a dividend yield of 7.56%.

Institutional Trading of Western Asset Inflation-Linked Income Fund

Several institutional investors and hedge funds have recently modified their holdings of the business. Alpine Global Management LLC raised its holdings in shares of Western Asset Inflation-Linked Income Fund by 719.7% in the 4th quarter. Alpine Global Management LLC now owns 200,000 shares of the financial services provider’s stock valued at $1,600,000 after acquiring an additional 175,600 shares in the last quarter. CF Capital LLC purchased a new stake in shares of Western Asset Inflation-Linked Income Fund in the 4th quarter valued at about $1,760,000. Guggenheim Capital LLC raised its holdings in shares of Western Asset Inflation-Linked Income Fund by 102.4% in the 4th quarter. Guggenheim Capital LLC now owns 281,181 shares of the financial services provider’s stock valued at $2,249,000 after acquiring an additional 142,231 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Western Asset Inflation-Linked Income Fund in the 4th quarter valued at about $244,000. Finally, Wells Fargo & Company MN raised its holdings in shares of Western Asset Inflation-Linked Income Fund by 15.6% in the 4th quarter. Wells Fargo & Company MN now owns 84,813 shares of the financial services provider’s stock valued at $679,000 after acquiring an additional 11,419 shares in the last quarter.

About Western Asset Inflation-Linked Income Fund

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.