Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) Share Price Passes Below Two Hundred Day Moving Average – Here’s Why

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $8.60 and traded as low as $8.50. Western Asset Inflation-Linked Opportunities & Income Fund shares last traded at $8.55, with a volume of 166,607 shares changing hands.

Western Asset Inflation-Linked Opportunities & Income Fund Stock Performance

The business has a 50 day simple moving average of $8.46 and a 200 day simple moving average of $8.60.

Western Asset Inflation-Linked Opportunities & Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 21st will be issued a dividend of $0.0605 per share. This represents a $0.73 dividend on an annualized basis and a yield of 8.50%. The ex-dividend date of this dividend is Friday, February 21st.

Institutional Trading of Western Asset Inflation-Linked Opportunities & Income Fund

A number of institutional investors and hedge funds have recently bought and sold shares of WIW. Landscape Capital Management L.L.C. grew its stake in Western Asset Inflation-Linked Opportunities & Income Fund by 128.9% during 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 purchasing an additional 302,080 shares in the last quarter. Private Advisor Group LLC boosted its stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 40.7% in 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 period. Ionic Capital Management LLC acquired a new position in shares of Western Asset Inflation-Linked Opportunities & Income Fund during the third quarter worth about $746,000. Fiera Capital Corp increased its stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 26.2% during the third quarter. Fiera Capital Corp now owns 264,110 shares of the investment management company’s stock worth $2,335,000 after buying an additional 54,815 shares during the period. Finally, PFG Investments LLC raised its holdings in Western Asset Inflation-Linked Opportunities & Income Fund by 216.2% in the fourth quarter. PFG Investments LLC now owns 73,128 shares of the investment management company’s stock valued at $605,000 after acquiring an additional 50,003 shares in the last quarter.

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.