Hara Capital LLC Has $1.46 Million Holdings in Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI)

Hara Capital LLC lessened its holdings in shares of Western Asset High Yield Defined Opportunity Fund Inc. (NYSE:HYI) by 2.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 123,446 shares of the company’s stock after selling 3,351 shares during the quarter. Western Asset High Yield Defined Opportunity Fund accounts for approximately 0.9% of Hara Capital LLC’s holdings, making the stock its 28th largest holding. Hara Capital LLC’s holdings in Western Asset High Yield Defined Opportunity Fund were worth $1,459,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in HYI. Avior Wealth Management LLC acquired a new stake in Western Asset High Yield Defined Opportunity Fund during the 4th quarter worth $65,000. Sanctuary Advisors LLC acquired a new stake in shares of Western Asset High Yield Defined Opportunity Fund in the 2nd quarter valued at about $180,000. RVW Wealth LLC raised its stake in shares of Western Asset High Yield Defined Opportunity Fund by 41.7% in the 4th quarter. RVW Wealth LLC now owns 27,623 shares of the company’s stock valued at $327,000 after purchasing an additional 8,123 shares during the period. Kovitz Investment Group Partners LLC acquired a new stake in shares of Western Asset High Yield Defined Opportunity Fund in the 3rd quarter valued at about $707,000. Finally, Consolidated Portfolio Review Corp raised its stake in shares of Western Asset High Yield Defined Opportunity Fund by 1.7% in the 4th quarter. Consolidated Portfolio Review Corp now owns 73,857 shares of the company’s stock valued at $873,000 after purchasing an additional 1,221 shares during the period.

Western Asset High Yield Defined Opportunity Fund Price Performance

HYI opened at $12.13 on Tuesday. The business’s 50-day moving average price is $12.01 and its two-hundred day moving average price is $12.09. Western Asset High Yield Defined Opportunity Fund Inc. has a 1 year low of $11.38 and a 1 year high of $12.44.

Western Asset High Yield Defined Opportunity Fund Dividend Announcement

The company also recently declared a dividend, which was paid on Monday, February 3rd. Shareholders of record on Monday, January 27th were paid a $0.095 dividend. This represents a dividend yield of 9.46%. The ex-dividend date was Friday, January 24th.

About Western Asset High Yield Defined Opportunity Fund

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.