Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) Stock Price Passes Below 200-Day Moving Average – What’s Next?

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $8.63 and traded as low as $8.38. Western Asset Inflation-Linked Opportunities & Income Fund shares last traded at $8.41, with a volume of 335,630 shares traded.

Western Asset Inflation-Linked Opportunities & Income Fund Stock Performance

The business’s 50-day moving average is $8.69 and its two-hundred day moving average is $8.63.

Western Asset Inflation-Linked Opportunities & Income Fund Announces Dividend

The business also recently announced a dividend, which was paid on Monday, March 31st. Shareholders of record on Tuesday, March 25th were issued a $0.0625 dividend. This represents a yield of 8.54%. The ex-dividend date was Monday, March 24th.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Pinnacle Wealth Planning Services Inc. purchased a new stake in Western Asset Inflation-Linked Opportunities & Income Fund in the fourth quarter valued at $86,000. Oppenheimer & Co. Inc. raised its holdings in Western Asset Inflation-Linked Opportunities & Income Fund by 9.2% in the 4th quarter. Oppenheimer & Co. Inc. now owns 47,400 shares of the investment management company’s stock valued at $392,000 after buying an additional 4,000 shares during the period. Wakefield Asset Management LLLP lifted its position in Western Asset Inflation-Linked Opportunities & Income Fund by 1.8% in the fourth quarter. Wakefield Asset Management LLLP now owns 301,872 shares of the investment management company’s stock valued at $2,496,000 after buying an additional 5,237 shares during the last quarter. Private Advisor Group LLC boosted its stake in Western Asset Inflation-Linked Opportunities & Income Fund by 30.3% during the fourth quarter. Private Advisor Group LLC now owns 665,792 shares of the investment management company’s stock worth $5,506,000 after buying an additional 154,955 shares during the period. Finally, Mezzasalma Advisors LLC purchased a new position in Western Asset Inflation-Linked Opportunities & Income Fund during the fourth quarter worth about $88,000.

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.