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

Shares of Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $8.42 and traded as low as $8.10. Western Asset Inflation-Linked Opportunities & Income Fund shares last traded at $8.1350, with a volume of 523,218 shares traded.

Western Asset Inflation-Linked Opportunities & Income Fund Stock Down 0.4%

The business’s 50 day moving average is $8.31 and its 200-day moving average is $8.42.

Western Asset Inflation-Linked Opportunities & Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, November 30th. Investors of record on Friday, November 20th will be paid a dividend of $0.0625 per share. The ex-dividend date is Friday, November 20th. This represents a c) dividend on an annualized basis and a dividend yield of 9.2%.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Bank of America Corp DE boosted its position in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 3.5% during the 1st quarter. Bank of America Corp DE now owns 777,957 shares of the investment management company’s stock worth $6,582,000 after acquiring an additional 26,325 shares in the last quarter. Baird Financial Group Inc. increased its stake in Western Asset Inflation-Linked Opportunities & Income Fund by 3.6% in the second quarter. Baird Financial Group Inc. now owns 576,774 shares of the investment management company’s stock valued at $4,845,000 after purchasing an additional 19,989 shares during the last quarter. HighTower Advisors LLC raised its holdings in Western Asset Inflation-Linked Opportunities & Income Fund by 0.3% during the second quarter. HighTower Advisors LLC now owns 491,394 shares of the investment management company’s stock worth $4,128,000 after purchasing an additional 1,336 shares in the last quarter. First Trust Advisors LP raised its holdings in Western Asset Inflation-Linked Opportunities & Income Fund by 9.7% during the first quarter. First Trust Advisors LP now owns 353,195 shares of the investment management company’s stock worth $2,988,000 after purchasing an additional 31,198 shares in the last quarter. Finally, Riverbridge Partners LLC boosted its holdings in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 3.9% in the 1st quarter. Riverbridge Partners LLC now owns 244,874 shares of the investment management company’s stock valued at $2,072,000 after buying an additional 9,244 shares in the last quarter.

About Western Asset Inflation-Linked Opportunities & Income Fund

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE: WIW) is a closed-end management investment company whose primary objective is to provide total return through a combination of income and capital appreciation. The fund achieves this by investing predominantly in inflation-linked debt securities issued by U.S. and foreign governments, government agencies and supranational entities. By focusing on inflation-indexed instruments, the fund seeks to protect purchasing power and offer a potential hedge against rising consumer prices.

The fund typically allocates a substantial portion of its assets to U.S.