Western Asset High Yield Dfnd Opp FI (NYSE:HYI) Shares Sold by Rivernorth Capital Management LLC

Rivernorth Capital Management LLC trimmed its stake in Western Asset High Yield Dfnd Opp FI (NYSE:HYI) by 4.1% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 897,738 shares of the company’s stock after selling 38,522 shares during the quarter. Rivernorth Capital Management LLC’s holdings in Western Asset High Yield Dfnd Opp FI were worth $13,439,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Steward Partners Investment Advisory LLC bought a new stake in Western Asset High Yield Dfnd Opp FI in the second quarter valued at $44,000. Coastal Investment Advisors Inc. bought a new stake in Western Asset High Yield Dfnd Opp FI in the second quarter valued at $54,000. Northwestern Mutual Wealth Management Co. lifted its stake in Western Asset High Yield Dfnd Opp FI by 1,972.6% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 4,311 shares of the company’s stock valued at $64,000 after buying an additional 4,103 shares during the last quarter. MML Investors Services LLC lifted its stake in Western Asset High Yield Dfnd Opp FI by 9.3% in the second quarter. MML Investors Services LLC now owns 11,609 shares of the company’s stock valued at $174,000 after buying an additional 983 shares during the last quarter. Finally, Claraphi Advisory Network LLC lifted its stake in Western Asset High Yield Dfnd Opp FI by 6.3% in the second quarter. Claraphi Advisory Network LLC now owns 12,342 shares of the company’s stock valued at $185,000 after buying an additional 729 shares during the last quarter.

HYI stock traded down $0.08 during mid-day trading on Friday, reaching $15.25. The company had a trading volume of 35,409 shares, compared to its average volume of 83,023. Western Asset High Yield Dfnd Opp FI has a one year low of $12.83 and a one year high of $15.49. The stock’s 50-day simple moving average is $15.12 and its two-hundred day simple moving average is $14.94.



The business also recently announced a dividend, which will be paid on Tuesday, October 1st. Shareholders of record on Friday, September 20th will be paid a $0.09 dividend. The ex-dividend date is Thursday, September 19th.

Western Asset High Yield Dfnd Opp FI Profile

Western Asset High Yield Defined Opportunity Fund Inc is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Pte. Ltd., Western Asset Management Company Ltd and Western Asset Management Company Limited.

Read More: Certificate of Deposit (CD)

Want to see what other hedge funds are holding HYI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Western Asset High Yield Dfnd Opp FI (NYSE:HYI).

Institutional Ownership by Quarter for Western Asset High Yield Dfnd Opp FI (NYSE:HYI)

Receive News & Ratings for Western Asset High Yield Dfnd Opp FI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Western Asset High Yield Dfnd Opp FI and related companies with MarketBeat.com's FREE daily email newsletter.