Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) Shares Sold by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. decreased its position in shares of Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) by 86.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 20,712 shares of the company’s stock after selling 127,958 shares during the quarter. Landscape Capital Management L.L.C. owned approximately 0.07% of Western Asset Emerging Markets Debt Fund worth $211,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of EMD. Rothschild Investment LLC acquired a new position in shares of Western Asset Emerging Markets Debt Fund during the 2nd quarter valued at about $28,000. Northwestern Mutual Wealth Management Co. lifted its position in Western Asset Emerging Markets Debt Fund by 1,221.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 4,772 shares of the company’s stock valued at $44,000 after buying an additional 4,411 shares during the last quarter. Wealth Enhancement Advisory Services LLC purchased a new position in Western Asset Emerging Markets Debt Fund during the third quarter worth about $104,000. Hoylecohen LLC purchased a new position in Western Asset Emerging Markets Debt Fund during the second quarter worth about $172,000. Finally, Concurrent Investment Advisors LLC purchased a new position in Western Asset Emerging Markets Debt Fund during the second quarter worth about $200,000. Institutional investors and hedge funds own 33.05% of the company’s stock.

Western Asset Emerging Markets Debt Fund Stock Down 0.2 %

Shares of EMD stock opened at $9.92 on Tuesday. The company has a 50-day moving average of $9.97 and a two-hundred day moving average of $9.73. Western Asset Emerging Markets Debt Fund Inc. has a 1-year low of $8.53 and a 1-year high of $10.33.

Western Asset Emerging Markets Debt Fund Cuts Dividend

The business also recently announced a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd will be paid a dividend of $0.0875 per share. The ex-dividend date of this dividend is Monday, December 23rd.

Western Asset Emerging Markets Debt Fund Profile

Western Asset Emerging Markets Debt Fund Inc is an open ended fixed-income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company, Western Asset Management Company Limited and Western Asset Management Company Pte. Ltd. The fund invests in fixed income markets of emerging market countries across the globe.