Rareview Capital LLC Has $3.65 Million Stock Holdings in Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD)

Rareview Capital LLC grew its stake in shares of Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD) by 4.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 358,016 shares of the company’s stock after acquiring an additional 14,814 shares during the quarter. Western Asset Emerging Markets Debt Fund comprises approximately 2.7% of Rareview Capital LLC’s portfolio, making the stock its 9th biggest position. Rareview Capital LLC owned approximately 1.25% of Western Asset Emerging Markets Debt Fund worth $3,645,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Allworth Financial LP purchased a new stake in shares of Western Asset Emerging Markets Debt Fund during the fourth quarter valued at $38,000. Anfield Capital Management LLC purchased a new stake in shares of Western Asset Emerging Markets Debt Fund during the fourth quarter valued at $56,000. Mission Hills Financial Advisory LLC purchased a new stake in shares of Western Asset Emerging Markets Debt Fund during the fourth quarter valued at $108,000. Jane Street Group LLC purchased a new stake in shares of Western Asset Emerging Markets Debt Fund during the third quarter valued at $192,000. Finally, Apollon Wealth Management LLC purchased a new stake in shares of Western Asset Emerging Markets Debt Fund during the fourth quarter valued at $245,000. 33.05% of the stock is currently owned by institutional investors.

Western Asset Emerging Markets Debt Fund Stock Up 0.4 %

Western Asset Emerging Markets Debt Fund stock opened at $9.72 on Friday. Western Asset Emerging Markets Debt Fund Inc. has a one year low of $8.89 and a one year high of $10.33. The business’s fifty day moving average is $9.82 and its 200 day moving average is $9.89.

Western Asset Emerging Markets Debt Fund Increases Dividend

The company also recently announced a dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Monday, March 24th will be given a $0.09 dividend. This is a boost from Western Asset Emerging Markets Debt Fund’s previous dividend of $0.09. The ex-dividend date of this dividend is Monday, March 24th.

About Western Asset Emerging Markets Debt Fund

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.