Western Asset Inflation-Linked Income Fund (NYSE:WIA) Stock Crosses Below Two Hundred Day Moving Average of $8.00

Western Asset Inflation-Linked Income Fund (NYSE:WIA) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $8.00 and traded as low as $7.92. Western Asset Inflation-Linked Income Fund shares last traded at $7.92, with a volume of 13,986 shares trading hands.

Western Asset Inflation-Linked Income Fund Stock Performance

The firm’s 50-day simple moving average is $8.04 and its 200 day simple moving average is $8.00.

Western Asset Inflation-Linked Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, May 31st. Shareholders of record on Thursday, May 23rd will be given a dividend of $0.05 per share. The ex-dividend date is Wednesday, May 22nd. This represents a $0.60 annualized dividend and a yield of 7.55%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. RHS Financial LLC increased its holdings in shares of Western Asset Inflation-Linked Income Fund by 2.5% during the first quarter. RHS Financial LLC now owns 163,977 shares of the financial services provider’s stock worth $1,335,000 after buying an additional 3,963 shares in the last quarter. Nomura Holdings Inc. acquired a new position in shares of Western Asset Inflation-Linked Income Fund during the fourth quarter worth $153,000. Twin Focus Capital Partners LLC acquired a new position in shares of Western Asset Inflation-Linked Income Fund during the fourth quarter worth $93,000. Baird Financial Group Inc. increased its holdings in shares of Western Asset Inflation-Linked Income Fund by 3.2% during the fourth quarter. Baird Financial Group Inc. now owns 433,084 shares of the financial services provider’s stock worth $3,517,000 after buying an additional 13,514 shares in the last quarter. Finally, Royal Bank of Canada increased its holdings in shares of Western Asset Inflation-Linked Income Fund by 12.7% during the fourth quarter. Royal Bank of Canada now owns 13,330 shares of the financial services provider’s stock worth $108,000 after buying an additional 1,500 shares in the last quarter.

Western Asset Inflation-Linked Income Fund Company Profile

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.