Western Asset Inflation-Linked Income Fund (NYSE:WIA) Stock Passes Below 200-Day Moving Average of $8.99

Western Asset Inflation-Linked Income Fund (NYSE:WIA – Get Rating) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $8.99 and traded as low as $8.57. Western Asset Inflation-Linked Income Fund shares last traded at $8.64, with a volume of 38,793 shares.

Western Asset Inflation-Linked Income Fund Stock Performance

The firm’s 50 day simple moving average is $8.85 and its 200-day simple moving average is $8.99.

Western Asset Inflation-Linked Income Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, May 31st. Investors of record on Tuesday, May 23rd will be paid a $0.05 dividend. This represents a $0.60 annualized dividend and a yield of 6.94%. The ex-dividend date of this dividend is Monday, May 22nd.

Hedge Funds Weigh In On Western Asset Inflation-Linked Income Fund

Institutional investors and hedge funds have recently bought and sold shares of the business. Arnhold LLC acquired a new position in shares of Western Asset Inflation-Linked Income Fund in the fourth quarter worth $86,000. Melfa Wealth Management LLC acquired a new position in Western Asset Inflation-Linked Income Fund in the 4th quarter worth about $106,000. Avantax Advisory Services Inc. purchased a new stake in shares of Western Asset Inflation-Linked Income Fund during the 3rd quarter worth about $117,000. Jane Street Group LLC purchased a new stake in shares of Western Asset Inflation-Linked Income Fund during the 4th quarter worth about $117,000. Finally, Elequin Securities LLC acquired a new stake in shares of Western Asset Inflation-Linked Income Fund during the 4th quarter valued at about $123,000.

About Western Asset Inflation-Linked Income Fund

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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.