Landscape Capital Management L.L.C. Sells 19,307 Shares of Western Asset High Yield Dfnd Opp FI (NYSE:HYI)

Landscape Capital Management L.L.C. lowered its holdings in shares of Western Asset High Yield Dfnd Opp FI (NYSE:HYI) by 42.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 26,613 shares of the company’s stock after selling 19,307 shares during the period. Landscape Capital Management L.L.C.’s holdings in Western Asset High Yield Dfnd Opp FI were worth $398,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the company. Wells Fargo & Company MN increased its position in shares of Western Asset High Yield Dfnd Opp FI by 31.0% during the second quarter. Wells Fargo & Company MN now owns 485,832 shares of the company’s stock worth $7,273,000 after buying an additional 115,054 shares during the period. E&G Advisors LP lifted its stake in shares of Western Asset High Yield Dfnd Opp FI by 189.2% in the second quarter. E&G Advisors LP now owns 89,650 shares of the company’s stock valued at $1,342,000 after buying an additional 58,650 shares in the last quarter. Shaker Financial Services LLC bought a new position in shares of Western Asset High Yield Dfnd Opp FI in the first quarter valued at $512,000. Capital Investment Advisors LLC lifted its stake in shares of Western Asset High Yield Dfnd Opp FI by 8.6% in the second quarter. Capital Investment Advisors LLC now owns 349,413 shares of the company’s stock valued at $5,231,000 after buying an additional 27,635 shares in the last quarter. Finally, Lindbrook Capital LLC bought a new position in shares of Western Asset High Yield Dfnd Opp FI in the first quarter valued at $339,000.

Shares of Western Asset High Yield Dfnd Opp FI stock traded up $0.15 during trading hours on Monday, reaching $15.13. The company’s stock had a trading volume of 4,849 shares, compared to its average volume of 85,477. 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 fifty day simple moving average is $15.24 and its two-hundred day simple moving average is $14.85.

The company also recently declared a monthly dividend, which will be paid on Tuesday, September 3rd. Investors of record on Friday, August 23rd will be given a dividend of $0.089 per share. This represents a $1.07 dividend on an annualized basis and a dividend yield of 7.06%. The ex-dividend date of this dividend is Thursday, August 22nd.

Western Asset High Yield Dfnd Opp FI Company 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.

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

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