Capital Investment Advisors LLC Buys 239,681 Shares of Western Asset High Income Opportunity Fund Inc. (NYSE:HIO)

Capital Investment Advisors LLC boosted its stake in shares of Western Asset High Income Opportunity Fund Inc. (NYSE:HIOGet Rating) by 13.2% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,061,331 shares of the closed-end fund’s stock after purchasing an additional 239,681 shares during the period. Capital Investment Advisors LLC’s holdings in Western Asset High Income Opportunity Fund were worth $9,214,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently bought and sold shares of HIO. Evergreen Capital Management LLC grew its position in shares of Western Asset High Income Opportunity Fund by 1.5% in the 4th quarter. Evergreen Capital Management LLC now owns 1,868,187 shares of the closed-end fund’s stock valued at $9,715,000 after acquiring an additional 26,853 shares during the period. Chicago Partners Investment Group LLC lifted its stake in Western Asset High Income Opportunity Fund by 25.0% in the 4th quarter. Chicago Partners Investment Group LLC now owns 573,804 shares of the closed-end fund’s stock valued at $2,651,000 after purchasing an additional 114,692 shares during the last quarter. Penserra Capital Management LLC grew its holdings in Western Asset High Income Opportunity Fund by 1.4% during the fourth quarter. Penserra Capital Management LLC now owns 1,840,851 shares of the closed-end fund’s stock worth $9,572,000 after purchasing an additional 25,527 shares during the period. Guggenheim Capital LLC increased its position in Western Asset High Income Opportunity Fund by 88.7% during the fourth quarter. Guggenheim Capital LLC now owns 942,306 shares of the closed-end fund’s stock worth $4,899,000 after buying an additional 443,026 shares during the last quarter. Finally, Journey Strategic Wealth LLC bought a new stake in Western Asset High Income Opportunity Fund in the fourth quarter valued at approximately $73,000.

Shares of NYSE HIO opened at $3.82 on Thursday. Western Asset High Income Opportunity Fund Inc. has a 12 month low of $3.79 and a 12 month high of $5.43. The stock has a 50 day moving average of $4.15 and a 200-day moving average of $4.54.

The firm also recently declared a monthly dividend, which will be paid on Thursday, September 1st. Shareholders of record on Wednesday, August 24th will be issued a dividend of $0.03 per share. This represents a $0.36 annualized dividend and a yield of 9.42%. The ex-dividend date of this dividend is Tuesday, August 23rd.

Western Asset High Income Opportunity Fund Company Profile (Get Rating)

Western Asset High Income Opportunity Fund Inc is a closed ended fixed-income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company and Western Asset Management Company Limited. The fund invests in the fixed income markets of the United States.

See Also

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Institutional Ownership by Quarter for Western Asset High Income Opportunity Fund (NYSE:HIO)

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