Western Asset Inflation-Linked Income Fund (NYSE:WIA) Stock Crosses Below Two Hundred Day Moving Average – Here’s Why

Shares of 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 $8.21 and traded as low as $8.00. Western Asset Inflation-Linked Income Fund shares last traded at $8.05, with a volume of 52,109 shares traded.

Western Asset Inflation-Linked Income Fund Trading Down 0.5 %

The stock has a 50-day simple moving average of $8.24 and a two-hundred day simple moving average of $8.21.

Western Asset Inflation-Linked Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 21st will be issued a dividend of $0.05 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 7.49%. The ex-dividend date is Friday, February 21st.

Institutional Trading of Western Asset Inflation-Linked Income Fund

A number of institutional investors have recently made changes to their positions in WIA. Capstone Investment Advisors LLC acquired a new position in Western Asset Inflation-Linked Income Fund during the 3rd quarter worth about $287,000. Nations Financial Group Inc. IA ADV acquired a new position in Western Asset Inflation-Linked Income Fund during the third quarter worth approximately $296,000. Fiera Capital Corp grew its position in Western Asset Inflation-Linked Income Fund by 28.9% during the 3rd quarter. Fiera Capital Corp now owns 242,412 shares of the financial services provider’s stock worth $2,073,000 after purchasing an additional 54,360 shares during the last quarter. Almitas Capital LLC purchased a new position in shares of Western Asset Inflation-Linked Income Fund in the 2nd quarter valued at approximately $951,000. Finally, Wolverine Asset Management LLC grew its holdings in Western Asset Inflation-Linked Income Fund by 17.6% during the second quarter. Wolverine Asset Management LLC now owns 146,516 shares of the financial services provider’s stock worth $1,174,000 after acquiring an additional 21,903 shares during the period.

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.