Kelleher Financial Advisors Acquires New Position in Western Asset High Income Opportunity Fund Inc. $HIO

Kelleher Financial Advisors acquired a new position in Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) in the second quarter, HoldingsChannel reports. The firm acquired 31,364 shares of the closed-end fund’s stock, valued at approximately $125,000.

Several other institutional investors and hedge funds also recently made changes to their positions in HIO. Penserra Capital Management LLC lifted its stake in Western Asset High Income Opportunity Fund by 3.0% in the second quarter. Penserra Capital Management LLC now owns 1,228,551 shares of the closed-end fund’s stock worth $4,889,000 after purchasing an additional 36,308 shares during the last quarter. FCA Corp TX lifted its stake in shares of Western Asset High Income Opportunity Fund by 2.5% in the 1st quarter. FCA Corp TX now owns 1,116,032 shares of the closed-end fund’s stock valued at $4,442,000 after acquiring an additional 26,973 shares during the last quarter. Raymond James Financial Inc. grew its position in Western Asset High Income Opportunity Fund by 9.5% during the 1st quarter. Raymond James Financial Inc. now owns 768,627 shares of the closed-end fund’s stock worth $3,059,000 after acquiring an additional 66,636 shares during the last quarter. Evergreen Capital Management LLC increased its stake in Western Asset High Income Opportunity Fund by 4.8% in the 1st quarter. Evergreen Capital Management LLC now owns 571,166 shares of the closed-end fund’s stock worth $2,293,000 after purchasing an additional 25,947 shares during the period. Finally, Kanen Wealth Management LLC lifted its position in Western Asset High Income Opportunity Fund by 8.0% in the second quarter. Kanen Wealth Management LLC now owns 392,918 shares of the closed-end fund’s stock valued at $1,564,000 after purchasing an additional 29,200 shares during the last quarter.

Western Asset High Income Opportunity Fund Stock Performance

Shares of Western Asset High Income Opportunity Fund stock opened at $3.81 on Wednesday. Western Asset High Income Opportunity Fund Inc. has a 52-week low of $3.36 and a 52-week high of $4.15. The company’s 50 day moving average price is $3.88 and its 200-day moving average price is $3.91.

Western Asset High Income Opportunity Fund Profile

Western Asset High Income Opportunity Fund Inc is a closed ended fixed-income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company and Western Asset Management Company Limited. The fund invests in the fixed income markets of the United States.