Uncommon Cents Investing LLC lessened its stake in Western Asset High Yield Dfnd Opp FI (NYSE:HYI) by 0.9% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 334,250 shares of the company’s stock after selling 3,190 shares during the quarter. Western Asset High Yield Dfnd Opp FI accounts for 3.3% of Uncommon Cents Investing LLC’s investment portfolio, making the stock its 6th largest position. Uncommon Cents Investing LLC’s holdings in Western Asset High Yield Dfnd Opp FI were worth $5,004,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in HYI. Northwestern Mutual Wealth Management Co. grew its stake in Western Asset High Yield Dfnd Opp FI by 1,972.6% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 4,311 shares of the company’s stock valued at $64,000 after acquiring an additional 4,103 shares during the last quarter. Advisor Group Inc. grew its stake in Western Asset High Yield Dfnd Opp FI by 37.9% in the 4th quarter. Advisor Group Inc. now owns 6,550 shares of the company’s stock valued at $86,000 after acquiring an additional 1,800 shares during the last quarter. Pennsylvania Trust Co acquired a new stake in Western Asset High Yield Dfnd Opp FI in the 1st quarter valued at about $1,029,000. Stifel Financial Corp acquired a new stake in Western Asset High Yield Dfnd Opp FI in the 4th quarter valued at about $139,000. Finally, Janney Montgomery Scott LLC acquired a new stake in Western Asset High Yield Dfnd Opp FI in the 1st quarter valued at about $326,000.

NYSE HYI traded down $0.03 during trading hours on Monday, reaching $15.44. The company’s stock had a trading volume of 300 shares, compared to its average volume of 87,062. Western Asset High Yield Dfnd Opp FI has a fifty-two week low of $12.83 and a fifty-two week high of $15.47. The business’s 50-day moving average price is $15.15.

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, September 3rd. Investors of record on Friday, August 23rd will be paid a $0.089 dividend. The ex-dividend date is Thursday, August 22nd. This represents a $1.07 dividend on an annualized basis and a yield of 6.92%.

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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