Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $8.78 and traded as low as $8.63. Western Asset Inflation-Linked Opportunities & Income Fund shares last traded at $8.6550, with a volume of 308,387 shares traded.

Western Asset Inflation-Linked Opportunities & Income Fund Stock Down 0.2%

The business has a fifty day moving average price of $8.89 and a 200 day moving average price of $8.78.

Western Asset Inflation-Linked Opportunities & Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 20th will be issued a $0.0625 dividend. The ex-dividend date is Friday, February 20th. This represents a c) annualized dividend and a yield of 8.6%.

Institutional Investors Weigh In On Western Asset Inflation-Linked Opportunities & Income Fund

Large investors have recently made changes to their positions in the business. WealthShield Partners LLC purchased a new stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund in the second quarter worth about $88,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its holdings in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 96.8% during the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 21,451 shares of the investment management company’s stock valued at $188,000 after buying an additional 10,551 shares during the period. HBW Advisory Services LLC acquired a new position in Western Asset Inflation-Linked Opportunities & Income Fund during the 2nd quarter worth approximately $123,000. Geneos Wealth Management Inc. boosted its holdings in Western Asset Inflation-Linked Opportunities & Income Fund by 15,101.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 12,769 shares of the investment management company’s stock worth $112,000 after acquiring an additional 12,685 shares during the period. Finally, PenderFund Capital Management Ltd. boosted its holdings in Western Asset Inflation-Linked Opportunities & Income Fund by 1.4% in the 1st quarter. PenderFund Capital Management Ltd. now owns 966,856 shares of the investment management company’s stock worth $8,499,000 after acquiring an additional 13,762 shares during the period.

Western Asset Inflation-Linked Opportunities & Income Fund Company Profile

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.