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

Western Asset Inflation-Linked Income Fund (NYSE:WIA)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-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 trading hands.

Western Asset Inflation-Linked Income Fund Stock Up 0.6 %

The business has a 50 day simple moving average of $8.03 and a 200 day simple moving average of $8.01.

Western Asset Inflation-Linked Income Fund Announces Dividend

The company also recently disclosed 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. This represents a $0.60 annualized dividend and a dividend yield of 7.60%. The ex-dividend date of this dividend is Wednesday, May 22nd.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of WIA. Raymond James & Associates purchased a new position in Western Asset Inflation-Linked Income Fund during the fourth quarter valued at approximately $83,000. Twin Focus Capital Partners LLC purchased a new position in Western Asset Inflation-Linked Income Fund during the fourth quarter valued at approximately $93,000. Nomura Holdings Inc. purchased a new position in Western Asset Inflation-Linked Income Fund during the fourth quarter valued at approximately $153,000. Aviance Capital Partners LLC purchased a new position in Western Asset Inflation-Linked Income Fund during the third quarter valued at approximately $326,000. Finally, PenderFund Capital Management Ltd. raised 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 acquiring an additional 4,000 shares in 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.