Capital Investment Advisors LLC grew its stake in Western Asset High Yield Dfnd Opp FI (NYSE:HYI) by 9.4% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 321,778 shares of the company’s stock after acquiring an additional 27,564 shares during the period. Capital Investment Advisors LLC’s holdings in Western Asset High Yield Dfnd Opp FI were worth $4,753,000 as of its most recent filing with the SEC.

Several other institutional investors also recently added to or reduced their stakes in HYI. We Are One Seven LLC purchased a new stake in Western Asset High Yield Dfnd Opp FI during the 4th quarter worth approximately $43,000. Advisor Group Inc. increased its stake in Western Asset High Yield Dfnd Opp FI by 37.9% during the 4th quarter. Advisor Group Inc. now owns 6,550 shares of the company’s stock worth $86,000 after buying an additional 1,800 shares during the period. Stifel Financial Corp purchased a new stake in Western Asset High Yield Dfnd Opp FI during the 4th quarter worth approximately $139,000. BB&T Securities LLC increased its stake in Western Asset High Yield Dfnd Opp FI by 13.4% during the 4th quarter. BB&T Securities LLC now owns 13,012 shares of the company’s stock worth $171,000 after buying an additional 1,536 shares during the period. Finally, Karpus Management Inc. increased its stake in Western Asset High Yield Dfnd Opp FI by 23.5% during the 4th quarter. Karpus Management Inc. now owns 18,117 shares of the company’s stock worth $238,000 after buying an additional 3,450 shares during the period.

HYI traded down $0.07 during trading hours on Thursday, hitting $14.91. 400 shares of the company’s stock were exchanged, compared to its average volume of 103,817. Western Asset High Yield Dfnd Opp FI has a 12-month low of $12.83 and a 12-month high of $15.08.

The firm also recently announced a monthly dividend, which will be paid on Monday, June 3rd. Investors of record on Friday, May 24th will be paid a dividend of $0.0885 per share. This represents a $1.06 annualized dividend and a yield of 7.12%. The ex-dividend date is Thursday, May 23rd.

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About Western Asset High Yield Dfnd Opp FI

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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