Western Asset Inflation-Linked Income Fund (NYSE:WIA) Stock Crosses Below 200-Day Moving Average – What’s Next?

Western Asset Inflation-Linked Income Fund (NYSE:WIA)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $8.35 and traded as low as $8.33. Western Asset Inflation-Linked Income Fund shares last traded at $8.3450, with a volume of 18,733 shares changing hands.

Western Asset Inflation-Linked Income Fund Stock Performance

The stock has a 50 day simple moving average of $8.42 and a 200 day simple moving average of $8.35.

Western Asset Inflation-Linked Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, November 28th. Shareholders of record on Thursday, November 20th will be issued a $0.052 dividend. This represents a c) dividend on an annualized basis and a yield of 7.5%. The ex-dividend date is Thursday, November 20th.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in WIA. Uhlmann Price Securities LLC boosted its stake in shares of Western Asset Inflation-Linked Income Fund by 11.8% in the third quarter. Uhlmann Price Securities LLC now owns 18,319 shares of the financial services provider’s stock valued at $154,000 after purchasing an additional 1,933 shares during the period. Fiera Capital Corp boosted its position in Western Asset Inflation-Linked Income Fund by 0.9% in the 3rd quarter. Fiera Capital Corp now owns 238,114 shares of the financial services provider’s stock valued at $2,005,000 after buying an additional 2,175 shares during the last quarter. Wolverine Asset Management LLC acquired a new stake in shares of Western Asset Inflation-Linked Income Fund during the first quarter valued at about $27,000. Aviance Capital Partners LLC grew its stake in shares of Western Asset Inflation-Linked Income Fund by 5.2% during the third quarter. Aviance Capital Partners LLC now owns 66,216 shares of the financial services provider’s stock valued at $558,000 after acquiring an additional 3,254 shares in the last quarter. Finally, Dakota Wealth Management increased its position in shares of Western Asset Inflation-Linked Income Fund by 3.4% during the second quarter. Dakota Wealth Management now owns 110,043 shares of the financial services provider’s stock worth $924,000 after acquiring an additional 3,575 shares during the last quarter.

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.