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

Western Asset Inflation-Linked Income Fund (NYSE:WIA) shares crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $8.21 and traded as low as $7.95. Western Asset Inflation-Linked Income Fund shares last traded at $8.00, with a volume of 37,281 shares.

Western Asset Inflation-Linked Income Fund Trading Down 0.1 %

The company has a fifty day simple moving average of $8.19 and a two-hundred day simple moving average of $8.20.

Western Asset Inflation-Linked Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 21st will be issued a $0.05 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 7.51%. The ex-dividend date of this dividend is Friday, February 21st.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in WIA. Fiera Capital Corp grew its position in shares of Western Asset Inflation-Linked Income Fund by 28.9% in the third quarter. Fiera Capital Corp now owns 242,412 shares of the financial services provider’s stock valued at $2,073,000 after purchasing an additional 54,360 shares during the last quarter. Wolverine Asset Management LLC boosted its holdings in shares of 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 purchasing an additional 21,903 shares during the last quarter. Almitas Capital LLC purchased a new stake in shares of Western Asset Inflation-Linked Income Fund in the second quarter valued at $951,000. Nations Financial Group Inc. IA ADV acquired a new position in Western Asset Inflation-Linked Income Fund in the third quarter valued at $296,000. Finally, Capstone Investment Advisors LLC purchased a new position in Western Asset Inflation-Linked Income Fund during the third quarter worth about $287,000.

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.