Hennion & Walsh Asset Management Inc. raised its position in Western Asset Investment Grade Income Fund Inc. (NYSE:PAI – Free Report) by 24.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 214,320 shares of the financial services provider’s stock after purchasing an additional 42,107 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in Western Asset Investment Grade Income Fund were worth $2,681,000 as of its most recent SEC filing.
Separately, International Assets Investment Management LLC boosted its position in Western Asset Investment Grade Income Fund by 1,527.4% during the 3rd quarter. International Assets Investment Management LLC now owns 91,949 shares of the financial services provider’s stock worth $1,182,000 after buying an additional 86,299 shares during the period. 18.99% of the stock is currently owned by institutional investors.
Western Asset Investment Grade Income Fund Stock Performance
Shares of NYSE PAI opened at $12.32 on Friday. Western Asset Investment Grade Income Fund Inc. has a 52-week low of $11.65 and a 52-week high of $13.18. The firm has a 50 day moving average price of $12.53 and a two-hundred day moving average price of $12.53.
Western Asset Investment Grade Income Fund Dividend Announcement
About Western Asset Investment Grade Income Fund
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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