Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW – Get Free Report)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $8.48 and traded as low as $8.34. Western Asset Inflation-Linked Opportunities & Income Fund shares last traded at $8.3450, with a volume of 66,819 shares changing hands.
Western Asset Inflation-Linked Opportunities & Income Fund Trading Down 0.5%
The firm’s 50-day moving average price is $8.35 and its two-hundred day moving average price is $8.47.
Hedge Funds Weigh In On Western Asset Inflation-Linked Opportunities & Income Fund
A number of hedge funds have recently modified their holdings of the stock. HighTower Advisors LLC boosted its stake in Western Asset Inflation-Linked Opportunities & Income Fund by 0.3% in the 2nd quarter. HighTower Advisors LLC now owns 491,394 shares of the investment management company’s stock valued at $4,128,000 after buying an additional 1,336 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 8.3% in the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 22,985 shares of the investment management company’s stock valued at $193,000 after purchasing an additional 1,766 shares in the last quarter. Comerica Bank grew its holdings in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 5.1% in the 4th quarter. Comerica Bank now owns 52,810 shares of the investment management company’s stock worth $454,000 after purchasing an additional 2,563 shares during the last quarter. Cetera Investment Advisers grew its holdings in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 5.1% in the 2nd quarter. Cetera Investment Advisers now owns 57,614 shares of the investment management company’s stock worth $505,000 after purchasing an additional 2,804 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its position in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 3.4% during the 4th quarter. Janney Montgomery Scott LLC now owns 106,945 shares of the investment management company’s stock worth $919,000 after purchasing an additional 3,512 shares in the last quarter.
About Western Asset Inflation-Linked Opportunities & Income Fund
Western Asset Inflation-Linked Opportunities & Income Fund (NYSE: WIW) is a closed-end management investment company whose primary objective is to provide total return through a combination of income and capital appreciation. The fund achieves this by investing predominantly in inflation-linked debt securities issued by U.S. and foreign governments, government agencies and supranational entities. By focusing on inflation-indexed instruments, the fund seeks to protect purchasing power and offer a potential hedge against rising consumer prices.
The fund typically allocates a substantial portion of its assets to U.S.
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