Western Asset Inflation-Linked Income Fund (NYSE:WIA) Shares Cross Below 200-Day Moving Average – What’s Next?

Western Asset Inflation-Linked Income Fund (NYSE:WIA) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $8.35 and traded as low as $8.35. Western Asset Inflation-Linked Income Fund shares last traded at $8.41, with a volume of 20,322 shares changing hands.

Western Asset Inflation-Linked Income Fund Trading Up 0.5%

The business’s 50-day simple moving average is $8.41 and its two-hundred day simple moving average is $8.35.

Western Asset Inflation-Linked Income Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 20th will be issued a $0.052 dividend. The ex-dividend date of this dividend is Friday, February 20th. This represents a c) annualized dividend and a yield of 7.4%.

Institutional Investors Weigh In On Western Asset Inflation-Linked Income Fund

Several institutional investors have recently made changes to their positions in WIA. Karpus Management Inc. lifted its holdings in Western Asset Inflation-Linked Income Fund by 3.5% during the 2nd quarter. Karpus Management Inc. now owns 8,077,278 shares of the financial services provider’s stock worth $67,849,000 after purchasing an additional 271,923 shares in the last quarter. Guggenheim Capital LLC lifted its holdings in shares of Western Asset Inflation-Linked Income Fund by 23.3% in the second quarter. Guggenheim Capital LLC now owns 527,399 shares of the financial services provider’s stock worth $4,430,000 after buying an additional 99,574 shares in the last quarter. Private Advisor Group LLC bought a new position in shares of Western Asset Inflation-Linked Income Fund in the third quarter valued at approximately $476,000. Alpine Global Management LLC bought a new position in shares of Western Asset Inflation-Linked Income Fund in the third quarter valued at approximately $458,000. Finally, PFG Investments LLC purchased a new position in Western Asset Inflation-Linked Income Fund during the second quarter valued at approximately $202,000.

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.