Western Asset Inflation-Linked Income Fund (NYSE:WIA) Share Price Passes Below Two Hundred Day Moving Average – Here’s What Happened

Western Asset Inflation-Linked Income Fund (NYSE:WIA) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $8.23 and traded as low as $8.18. Western Asset Inflation-Linked Income Fund shares last traded at $8.25, with a volume of 70,013 shares changing hands.

Western Asset Inflation-Linked Income Fund Trading Up 0.2 %

The stock has a fifty day moving average of $8.15 and a two-hundred day moving average of $8.23.

Western Asset Inflation-Linked Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 24th will be issued a dividend of $0.052 per share. The ex-dividend date of this dividend is Monday, March 24th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 7.56%.

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

A number of large investors have recently modified their holdings of WIA. Steward Partners Investment Advisory LLC raised its holdings in shares of Western Asset Inflation-Linked Income Fund by 31.4% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 5,200 shares of the financial services provider’s stock valued at $42,000 after buying an additional 1,243 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of Western Asset Inflation-Linked Income Fund during the 4th quarter valued at about $244,000. Mezzasalma Advisors LLC purchased a new position in shares of Western Asset Inflation-Linked Income Fund during the 4th quarter valued at about $251,000. Capstone Investment Advisors LLC bought a new position in Western Asset Inflation-Linked Income Fund during the 3rd quarter worth approximately $287,000. Finally, Nations Financial Group Inc. IA ADV bought a new position in Western Asset Inflation-Linked Income Fund during the 3rd quarter worth approximately $296,000.

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.