Western Asset Inflation-Linked Income Fund (NYSE:WIA) Stock Passes Below 200 Day Moving Average of $8.01

Western Asset Inflation-Linked Income Fund (NYSE:WIA) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $8.01 and traded as low as $7.82. Western Asset Inflation-Linked Income Fund shares last traded at $7.85, with a volume of 172,452 shares.

Western Asset Inflation-Linked Income Fund Stock Down 0.8 %

The company’s 50 day moving average price is $8.03 and its 200-day moving average price is $8.01.

Western Asset Inflation-Linked Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, May 31st. Stockholders of record on Thursday, May 23rd will be paid a $0.05 dividend. The ex-dividend date of this dividend is Wednesday, May 22nd. This represents a $0.60 annualized dividend and a dividend yield of 7.64%.

Institutional Trading of Western Asset Inflation-Linked Income Fund

Institutional investors have recently made changes to their positions in the company. Raymond James & Associates bought a new position in Western Asset Inflation-Linked Income Fund during the fourth quarter valued at about $83,000. Twin Focus Capital Partners LLC bought a new position in Western Asset Inflation-Linked Income Fund during the fourth quarter valued at about $93,000. Nomura Holdings Inc. bought a new position in Western Asset Inflation-Linked Income Fund during the fourth quarter valued at about $153,000. Aviance Capital Partners LLC bought a new position in Western Asset Inflation-Linked Income Fund during the third quarter valued at about $326,000. Finally, PenderFund Capital Management Ltd. grew its position in Western Asset Inflation-Linked Income Fund by 8.4% during the fourth quarter. PenderFund Capital Management Ltd. now owns 51,666 shares of the financial services provider’s stock valued at $420,000 after buying an additional 4,000 shares during the period.

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.