Hara Capital LLC Trims Stock Position in Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI)

Hara Capital LLC decreased its position in shares of Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) by 29.8% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 126,797 shares of the company’s stock after selling 53,946 shares during the quarter. Western Asset High Yield Defined Opportunity Fund makes up about 1.0% of Hara Capital LLC’s holdings, making the stock its 23rd largest position. Hara Capital LLC’s holdings in Western Asset High Yield Defined Opportunity Fund were worth $1,570,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in HYI. International Assets Investment Management LLC boosted its position in shares of Western Asset High Yield Defined Opportunity Fund by 1,138.0% in the 3rd quarter. International Assets Investment Management LLC now owns 143,026 shares of the company’s stock valued at $1,771,000 after purchasing an additional 131,473 shares during the period. Shaker Financial Services LLC boosted its holdings in shares of Western Asset High Yield Defined Opportunity Fund by 163.2% in the second quarter. Shaker Financial Services LLC now owns 109,635 shares of the company’s stock valued at $1,285,000 after acquiring an additional 67,976 shares during the period. Consolidated Portfolio Review Corp increased its holdings in shares of Western Asset High Yield Defined Opportunity Fund by 103.6% in the 2nd quarter. Consolidated Portfolio Review Corp now owns 71,800 shares of the company’s stock valued at $833,000 after acquiring an additional 36,527 shares during the period. Sanctuary Advisors LLC acquired a new position in shares of Western Asset High Yield Defined Opportunity Fund in the 2nd quarter valued at $180,000. Finally, MRA Advisory Group purchased a new stake in Western Asset High Yield Defined Opportunity Fund in the 3rd quarter valued at $136,000.

Western Asset High Yield Defined Opportunity Fund Trading Up 0.2 %

Western Asset High Yield Defined Opportunity Fund stock traded up $0.02 during midday trading on Thursday, hitting $12.19. 6,378 shares of the company’s stock were exchanged, compared to its average volume of 57,143. Western Asset High Yield Defined Opportunity Fund Inc. has a 12-month low of $11.23 and a 12-month high of $12.44. The firm’s 50 day simple moving average is $12.21 and its 200 day simple moving average is $11.87.

Western Asset High Yield Defined Opportunity Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 21st will be issued a dividend of $0.095 per share. This represents a $1.14 dividend on an annualized basis and a dividend yield of 9.35%. The ex-dividend date of this dividend is Thursday, November 21st.

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.