Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) Shares Sold by Gilman Hill Asset Management LLC

Gilman Hill Asset Management LLC cut its holdings in Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) by 37.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 20,675 shares of the company’s stock after selling 12,500 shares during the quarter. Gilman Hill Asset Management LLC’s holdings in Western Asset High Yield Defined Opportunity Fund were worth $240,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Stonebrook Private Inc. acquired a new position in Western Asset High Yield Defined Opportunity Fund in the fourth quarter valued at $154,000. Catalytic Wealth RIA LLC acquired a new position in Western Asset High Yield Defined Opportunity Fund in the fourth quarter valued at $149,000. International Assets Investment Management LLC increased its stake in Western Asset High Yield Defined Opportunity Fund by 976.0% in the fourth quarter. International Assets Investment Management LLC now owns 139,676 shares of the company’s stock valued at $1,689,000 after purchasing an additional 126,695 shares during the period. SFI Advisors LLC acquired a new position in Western Asset High Yield Defined Opportunity Fund in the fourth quarter valued at $297,000. Finally, Prevail Innovative Wealth Advisors LLC purchased a new stake in shares of Western Asset High Yield Defined Opportunity Fund in the fourth quarter valued at about $234,000.

Western Asset High Yield Defined Opportunity Fund Stock Up 0.4 %

Shares of NYSE:HYI traded up $0.05 during midday trading on Friday, hitting $11.92. The stock had a trading volume of 22,950 shares, compared to its average volume of 60,857. The stock has a 50 day moving average price of $11.66 and a two-hundred day moving average price of $11.78. Western Asset High Yield Defined Opportunity Fund Inc. has a 1 year low of $10.99 and a 1 year high of $12.24.

Western Asset High Yield Defined Opportunity Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Thursday, November 21st will be issued a $0.095 dividend. This represents a $1.14 annualized dividend and a dividend yield of 9.56%. The ex-dividend date is Thursday, November 21st.

Western Asset High Yield Defined Opportunity Fund 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.