SeaBridge Investment Advisors LLC lifted its position in shares of Western Asset Investment Grade Income Fund Inc. (NYSE:PAI – Free Report) by 1.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 145,231 shares of the financial services provider’s stock after purchasing an additional 2,663 shares during the period. SeaBridge Investment Advisors LLC owned about 1.53% of Western Asset Investment Grade Income Fund worth $1,817,000 as of its most recent SEC filing.
Separately, Hennion & Walsh Asset Management Inc. lifted its holdings in Western Asset Investment Grade Income Fund by 24.5% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 214,320 shares of the financial services provider’s stock worth $2,681,000 after buying an additional 42,107 shares in the last quarter. Institutional investors own 18.99% of the company’s stock.
Western Asset Investment Grade Income Fund Stock Performance
Shares of Western Asset Investment Grade Income Fund stock opened at $12.66 on Friday. Western Asset Investment Grade Income Fund Inc. has a 1-year low of $11.65 and a 1-year high of $13.18. The business has a 50-day moving average of $12.48 and a 200-day moving average of $12.56.
Western Asset Investment Grade Income Fund Dividend Announcement
Western Asset Investment Grade Income Fund Profile
Western Asset Income Fund is a closed-ended fixed income mutual fund launched and managed by Western Asset Management Company. It is co-managed by Western Asset Management Company Limited. The fund invests in the fixed income markets of the United States. It primarily invests in investment grade debt, including government securities, bank debt, commercial paper, and cash or cash equivalents.
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