Western Asset Inflation-Linked Income Fund (NYSE:WIA) Shares Cross Below Two Hundred Day Moving Average – Time to Sell?

Shares of Western Asset Inflation-Linked Income Fund (NYSE:WIA) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $8.20 and traded as low as $8.07. Western Asset Inflation-Linked Income Fund shares last traded at $8.13, with a volume of 35,078 shares trading hands.

Western Asset Inflation-Linked Income Fund Stock Up 0.8 %

The firm has a 50 day simple moving average of $8.13 and a 200-day simple moving average of $8.20.

Western Asset Inflation-Linked Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 21st will be paid a dividend of $0.05 per share. The ex-dividend date of this dividend is Friday, February 21st. This represents a $0.60 annualized dividend and a dividend yield of 7.38%.

Institutional Investors Weigh In On Western Asset Inflation-Linked Income Fund

Several institutional investors have recently bought and sold shares of the company. Almitas Capital LLC acquired a new position in shares of Western Asset Inflation-Linked Income Fund during the second quarter worth $951,000. Fiera Capital Corp grew its stake in Western Asset Inflation-Linked Income Fund by 28.9% during the 3rd quarter. Fiera Capital Corp now owns 242,412 shares of the financial services provider’s stock worth $2,073,000 after buying an additional 54,360 shares during the last quarter. Nations Financial Group Inc. IA ADV acquired a new position in Western Asset Inflation-Linked Income Fund during the 3rd quarter valued at about $296,000. Finally, Capstone Investment Advisors LLC acquired a new position in Western Asset Inflation-Linked Income Fund during the 3rd quarter valued at about $287,000.

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.