DoubleLine Yield Opportunities Fund (NYSE:DLY) Trading 0.3% Higher

DoubleLine Yield Opportunities Fund (NYSE:DLY)’s stock price traded up 0.3% during trading on Monday . The stock traded as high as $15.18 and last traded at $15.16. 101,887 shares changed hands during mid-day trading, a decline of 47% from the average session volume of 192,001 shares. The stock had previously closed at $15.11.

DoubleLine Yield Opportunities Fund Stock Performance

The firm has a 50 day simple moving average of $15.61 and a 200-day simple moving average of $14.98.

DoubleLine Yield Opportunities Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Thursday, April 18th will be paid a $0.1167 dividend. The ex-dividend date is Wednesday, April 17th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 9.27%.

Institutional Investors Weigh In On DoubleLine Yield Opportunities Fund

A number of institutional investors have recently modified their holdings of the company. Raymond James & Associates boosted its holdings in DoubleLine Yield Opportunities Fund by 5.0% in the third quarter. Raymond James & Associates now owns 22,077 shares of the company’s stock valued at $325,000 after purchasing an additional 1,057 shares during the period. Raymond James Financial Services Advisors Inc. raised its stake in DoubleLine Yield Opportunities Fund by 46.5% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 148,603 shares of the company’s stock valued at $2,189,000 after acquiring an additional 47,197 shares during the last quarter. Schwarz Dygos Wheeler Investment Advisors LLC raised its stake in shares of DoubleLine Yield Opportunities Fund by 27.9% during the 3rd quarter. Schwarz Dygos Wheeler Investment Advisors LLC now owns 42,591 shares of the company’s stock worth $627,000 after buying an additional 9,297 shares in the last quarter. Aviance Capital Partners LLC purchased a new position in shares of DoubleLine Yield Opportunities Fund during the 3rd quarter worth approximately $374,000. Finally, Journey Strategic Wealth LLC increased its stake in DoubleLine Yield Opportunities Fund by 95.2% in the 3rd quarter. Journey Strategic Wealth LLC now owns 45,113 shares of the company’s stock valued at $665,000 after purchasing an additional 22,000 shares in the last quarter.

About DoubleLine Yield Opportunities Fund

DoubleLine Yield Opportunities Fund (the “Fund”) is a limited term closed-end management investment company.

The Fund’s investment objective is to seek a high level of total return, with an emphasis on current income.

The Fund will seek to achieve its investment objective by investing in a portfolio of investments selected for its potential to provide a high level of total return, with an emphasis on current income.