Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) Share Price Crosses Below 200-Day Moving Average of $8.52

Shares of Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $8.52 and traded as low as $8.35. Western Asset Inflation-Linked Opportunities & Income Fund shares last traded at $8.35, with a volume of 184,866 shares traded.

Western Asset Inflation-Linked Opportunities & Income Fund Trading Up 0.7 %

The stock’s 50-day moving average price is $8.51 and its 200-day moving average price is $8.52.

Western Asset Inflation-Linked Opportunities & Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, May 31st. Stockholders of record on Thursday, May 23rd will be given a dividend of $0.0605 per share. The ex-dividend date is Wednesday, May 22nd. This represents a $0.73 dividend on an annualized basis and a dividend yield of 8.63%.

Hedge Funds Weigh In On Western Asset Inflation-Linked Opportunities & Income Fund

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Concorde Asset Management LLC lifted its position in Western Asset Inflation-Linked Opportunities & Income Fund by 12.5% in the 3rd quarter. Concorde Asset Management LLC now owns 40,150 shares of the investment management company’s stock valued at $330,000 after acquiring an additional 4,450 shares in the last quarter. Moors & Cabot Inc. bought a new position in Western Asset Inflation-Linked Opportunities & Income Fund in the 3rd quarter valued at about $111,000. Landscape Capital Management L.L.C. lifted its position in Western Asset Inflation-Linked Opportunities & Income Fund by 34.1% in the 3rd quarter. Landscape Capital Management L.L.C. now owns 59,497 shares of the investment management company’s stock valued at $490,000 after acquiring an additional 15,117 shares in the last quarter. Pinnacle Wealth Planning Services Inc. lifted its position in Western Asset Inflation-Linked Opportunities & Income Fund by 16.4% in the 3rd quarter. Pinnacle Wealth Planning Services Inc. now owns 13,131 shares of the investment management company’s stock valued at $108,000 after acquiring an additional 1,846 shares in the last quarter. Finally, Ieq Capital LLC bought a new position in Western Asset Inflation-Linked Opportunities & Income Fund in the 3rd quarter valued at about $94,000.

About Western Asset Inflation-Linked Opportunities & Income Fund

Western Asset/Claymore Inflation-Linked Opportunities & Income Fund is a closed-ended fixed income mutual fund launched and managed by Guggenheim Funds Investment Advisors, LLC. It is managed by Western Asset Management Company, Western Asset Management Company Limited, Western Asset Management Company Ltd., and Western Asset Management Company Pte.