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

Western Asset Inflation-Linked Income Fund (NYSE:WIA) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $8.20 and traded as low as $8.07. Western Asset Inflation-Linked Income Fund shares last traded at $8.13, with a volume of 35,078 shares traded.

Western Asset Inflation-Linked Income Fund Price Performance

The business’s 50 day moving average is $8.13 and its 200-day moving average is $8.21.

Western Asset Inflation-Linked Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 21st will be paid a $0.05 dividend. The ex-dividend date is Friday, February 21st. This represents a $0.60 annualized dividend and a dividend yield of 7.34%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in WIA. Capstone Investment Advisors LLC acquired a new stake in shares of Western Asset Inflation-Linked Income Fund during the 3rd quarter valued at $287,000. Nations Financial Group Inc. IA ADV acquired a new stake in shares of Western Asset Inflation-Linked Income Fund during the third quarter valued at about $296,000. Almitas Capital LLC bought a new stake in shares of Western Asset Inflation-Linked Income Fund during the second quarter worth about $951,000. Finally, Fiera Capital Corp grew its holdings in shares of Western Asset Inflation-Linked Income Fund by 28.9% during the third quarter. Fiera Capital Corp now owns 242,412 shares of the financial services provider’s stock worth $2,073,000 after purchasing an additional 54,360 shares during 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.