Western Asset Inflation-Linked Income Fund (NYSE:WIA) Stock Crosses Below Two Hundred Day Moving Average of $8.00

Western Asset Inflation-Linked Income Fund (NYSE:WIA)’s share price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $8.00 and traded as low as $7.92. Western Asset Inflation-Linked Income Fund shares last traded at $7.92, with a volume of 13,986 shares trading hands.

Western Asset Inflation-Linked Income Fund Stock Up 0.2 %

The company has a fifty day moving average price of $8.04 and a two-hundred day moving average price of $8.00.

Western Asset Inflation-Linked Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, May 31st. Stockholders of record on Thursday, May 23rd will be given a dividend of $0.05 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 7.55%. The ex-dividend date is Wednesday, May 22nd.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Nomura Holdings Inc. acquired a new position in Western Asset Inflation-Linked Income Fund during the fourth quarter valued at $153,000. Twin Focus Capital Partners LLC bought a new stake in shares of Western Asset Inflation-Linked Income Fund during the 4th quarter worth about $93,000. PenderFund Capital Management Ltd. boosted its stake in shares of Western Asset Inflation-Linked Income Fund by 8.4% during the 4th quarter. PenderFund Capital Management Ltd. now owns 51,666 shares of the financial services provider’s stock worth $420,000 after acquiring an additional 4,000 shares in the last quarter. Karpus Management Inc. boosted its stake in shares of Western Asset Inflation-Linked Income Fund by 3.5% during the 4th quarter. Karpus Management Inc. now owns 7,145,082 shares of the financial services provider’s stock worth $58,018,000 after acquiring an additional 239,679 shares in the last quarter. Finally, Raymond James & Associates bought a new stake in shares of Western Asset Inflation-Linked Income Fund during the 4th quarter worth about $83,000.

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.