Cambridge Investment Research Advisors Inc. cut its holdings in shares of Western Asset High Income Opportunity Fund Inc. (NYSE:HIO – Free Report) by 8.2% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 153,864 shares of the closed-end fund’s stock after selling 13,788 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in Western Asset High Income Opportunity Fund were worth $612,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently bought and sold shares of the business. Raymond James Financial Inc. acquired a new position in Western Asset High Income Opportunity Fund during the fourth quarter worth $2,759,000. Independent Advisor Alliance acquired a new position in shares of Western Asset High Income Opportunity Fund during the 4th quarter valued at about $44,000. Avantax Advisory Services Inc. acquired a new position in shares of Western Asset High Income Opportunity Fund during the 4th quarter valued at about $43,000. Commonwealth Equity Services LLC bought a new position in shares of Western Asset High Income Opportunity Fund in the 4th quarter valued at approximately $78,000. Finally, Atala Financial Inc acquired a new stake in Western Asset High Income Opportunity Fund in the 4th quarter worth approximately $84,000.
Western Asset High Income Opportunity Fund Price Performance
NYSE HIO opened at $4.00 on Wednesday. Western Asset High Income Opportunity Fund Inc. has a 1 year low of $3.36 and a 1 year high of $4.15. The company has a fifty day simple moving average of $3.89 and a 200 day simple moving average of $3.92.
Western Asset High Income Opportunity Fund Announces Dividend
Western Asset High Income Opportunity Fund Company Profile
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.
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