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

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred 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.

Western Asset Inflation-Linked Opportunities & Income Fund Stock Performance

The company’s fifty day moving average is $8.89 and its 200-day moving average is $8.78.

Western Asset Inflation-Linked Opportunities & Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, February 27th. Stockholders of record on Friday, February 20th will be given a $0.0625 dividend. This represents a c) annualized dividend and a dividend yield of 8.7%. The ex-dividend date of this dividend is Friday, February 20th.

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

Hedge funds have recently added to or reduced their stakes in the business. TrueMark Investments LLC acquired a new stake in Western Asset Inflation-Linked Opportunities & Income Fund in the 3rd quarter valued at approximately $1,569,000. Guggenheim Capital LLC boosted its position in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 14.5% in the second quarter. Guggenheim Capital LLC now owns 845,457 shares of the investment management company’s stock valued at $7,406,000 after acquiring an additional 107,360 shares during the period. First Trust Advisors LP boosted its position in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 45.1% in the third quarter. First Trust Advisors LP now owns 294,885 shares of the investment management company’s stock valued at $2,622,000 after acquiring an additional 91,709 shares during the period. LPL Financial LLC grew its stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 19.3% in the first quarter. LPL Financial LLC now owns 530,374 shares of the investment management company’s stock worth $4,662,000 after acquiring an additional 85,809 shares during the last quarter. Finally, Prevail Innovative Wealth Advisors LLC increased its position in Western Asset Inflation-Linked Opportunities & Income Fund by 33.1% during the third quarter. Prevail Innovative Wealth Advisors LLC now owns 326,674 shares of the investment management company’s stock worth $2,904,000 after acquiring an additional 81,277 shares during the period.

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.