Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) Shares Cross Below 200-Day Moving Average – Here’s Why

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW)’s share price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $8.64 and traded as low as $8.23. Western Asset Inflation-Linked Opportunities & Income Fund shares last traded at $8.23, with a volume of 531,240 shares traded.

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

The company’s 50 day moving average price is $8.63 and its 200 day moving average price is $8.63.

Western Asset Inflation-Linked Opportunities & Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 21st will be given a dividend of $0.0605 per share. This represents a $0.73 dividend on an annualized basis and a yield of 8.76%. The ex-dividend date is Friday, February 21st.

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

A number of institutional investors have recently added to or reduced their stakes in WIW. Allspring Global Investments Holdings LLC grew its position in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 26.5% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 3,049,617 shares of the investment management company’s stock worth $25,952,000 after acquiring an additional 638,378 shares in the last quarter. Landscape Capital Management L.L.C. lifted its position in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 128.9% in the 3rd quarter. Landscape Capital Management L.L.C. now owns 536,503 shares of the investment management company’s stock worth $4,743,000 after buying an additional 302,080 shares during the last quarter. HighTower Advisors LLC boosted its holdings in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 1.7% in the 3rd quarter. HighTower Advisors LLC now owns 516,428 shares of the investment management company’s stock valued at $4,561,000 after buying an additional 8,865 shares during the period. Private Advisor Group LLC grew its position in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 40.7% during the 3rd quarter. Private Advisor Group LLC now owns 510,837 shares of the investment management company’s stock valued at $4,516,000 after buying an additional 147,718 shares during the last quarter. Finally, Fiera Capital Corp boosted its stake in Western Asset Inflation-Linked Opportunities & Income Fund by 26.2% in the third quarter. Fiera Capital Corp now owns 264,110 shares of the investment management company’s stock valued at $2,335,000 after acquiring an additional 54,815 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.