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

Shares of Western Asset Inflation-Linked Income Fund (NYSE:WIA) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred 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 traded.

Western Asset Inflation-Linked Income Fund Trading Up 0.6 %

The business has a fifty day simple moving average of $8.03 and a two-hundred day simple moving average of $8.01.

Western Asset Inflation-Linked Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, May 31st. Investors of record on Thursday, May 23rd will be paid a $0.05 dividend. The ex-dividend date is Wednesday, May 22nd. This represents a $0.60 annualized dividend and a dividend yield of 7.60%.

Institutional Trading of Western Asset Inflation-Linked Income Fund

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Karpus Management Inc. lifted its position in Western Asset Inflation-Linked Income Fund by 4.6% in the 3rd quarter. Karpus Management Inc. now owns 6,905,403 shares of the financial services provider’s stock valued at $54,000,000 after acquiring an additional 303,207 shares in the last quarter. RHS Financial LLC bought a new position in Western Asset Inflation-Linked Income Fund in the 3rd quarter valued at approximately $684,000. Aviance Capital Partners LLC bought a new position in Western Asset Inflation-Linked Income Fund in the 3rd quarter valued at approximately $326,000. Stifel Financial Corp lifted its position in Western Asset Inflation-Linked Income Fund by 13.3% in the 3rd quarter. Stifel Financial Corp now owns 236,090 shares of the financial services provider’s stock valued at $1,846,000 after acquiring an additional 27,754 shares in the last quarter. Finally, Nomura Holdings Inc. bought a new position in Western Asset Inflation-Linked Income Fund in the 4th quarter valued at approximately $153,000.

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.