Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE:IGI) to Issue $0.07 Monthly Dividend

Western Asset Investment Grade Defined Opportunity Trust Inc. (NYSE:IGI) announced a monthly dividend on Thursday, November 20th. Stockholders of record on Friday, January 23rd will be given a dividend of 0.071 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date is Friday, January 23rd.

Western Asset Investment Grade Defined Opportunity Trust Trading Down 0.1%

NYSE:IGI opened at $16.39 on Friday. Western Asset Investment Grade Defined Opportunity Trust has a fifty-two week low of $15.70 and a fifty-two week high of $17.09. The business’s 50-day simple moving average is $16.69 and its 200-day simple moving average is $16.55.

Institutional Trading of Western Asset Investment Grade Defined Opportunity Trust

Institutional investors have recently modified their holdings of the company. UBS Group AG boosted its position in shares of Western Asset Investment Grade Defined Opportunity Trust by 7.6% during the third quarter. UBS Group AG now owns 327,440 shares of the company’s stock worth $5,465,000 after buying an additional 23,237 shares during the period. 1607 Capital Partners LLC lifted its stake in Western Asset Investment Grade Defined Opportunity Trust by 61.0% in the 3rd quarter. 1607 Capital Partners LLC now owns 325,361 shares of the company’s stock valued at $5,430,000 after acquiring an additional 123,261 shares in the last quarter. Sit Investment Associates Inc. boosted its position in Western Asset Investment Grade Defined Opportunity Trust by 59.4% during the 1st quarter. Sit Investment Associates Inc. now owns 262,404 shares of the company’s stock worth $4,351,000 after acquiring an additional 97,747 shares during the last quarter. Guggenheim Capital LLC boosted its position in Western Asset Investment Grade Defined Opportunity Trust by 37.9% during the 2nd quarter. Guggenheim Capital LLC now owns 135,712 shares of the company’s stock worth $2,250,000 after acquiring an additional 37,292 shares during the last quarter. Finally, Wolverine Asset Management LLC grew its stake in shares of Western Asset Investment Grade Defined Opportunity Trust by 13.0% during the 1st quarter. Wolverine Asset Management LLC now owns 71,859 shares of the company’s stock worth $1,191,000 after acquiring an additional 8,247 shares in the last quarter.

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.