Raymond James & Associates boosted its stake in shares of Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE:IGI – Free Report) by 1.1% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 65,689 shares of the company’s stock after purchasing an additional 737 shares during the quarter. Raymond James & Associates’ holdings in Western Asset Investment Grade Defined Opportunity Trust were worth $1,072,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Wells Fargo & Company MN boosted its holdings in shares of Western Asset Investment Grade Defined Opportunity Trust by 30.7% during the 4th quarter. Wells Fargo & Company MN now owns 33,594 shares of the company’s stock worth $547,000 after buying an additional 7,897 shares during the period. Raymond James Financial Services Advisors Inc. boosted its holdings in Western Asset Investment Grade Defined Opportunity Trust by 5.4% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 28,749 shares of the company’s stock valued at $538,000 after acquiring an additional 1,474 shares during the period. Thrivent Financial for Lutherans acquired a new stake in shares of Western Asset Investment Grade Defined Opportunity Trust in the third quarter valued at about $288,000. First Trust Advisors LP acquired a new position in shares of Western Asset Investment Grade Defined Opportunity Trust during the 1st quarter worth about $265,000. Finally, Waverly Advisors LLC bought a new stake in Western Asset Investment Grade Defined Opportunity Trust during the 1st quarter valued at approximately $188,000.
Western Asset Investment Grade Defined Opportunity Trust Stock Down 0.3 %
Shares of NYSE IGI opened at $15.66 on Friday. Western Asset Investment Grade Defined Opportunity Trust Inc. has a 12 month low of $15.13 and a 12 month high of $17.44. The business’s 50 day moving average is $15.75 and its two-hundred day moving average is $16.19.
About Western Asset Investment Grade Defined Opportunity Trust
Western Asset Investment Grade Defined Opportunity Trust Inc is a close-ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It 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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