Cambridge Investment Research Advisors Inc. Has $612,000 Stock Position in Western Asset High Income Opportunity Fund Inc. (NYSE:HIO)

Cambridge Investment Research Advisors Inc. cut its holdings in shares of Western Asset High Income Opportunity Fund Inc. (NYSE:HIOFree 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

The firm also recently disclosed a dividend, which was paid on Tuesday, July 1st. Stockholders of record on Tuesday, June 24th were paid a $0.0355 dividend. The ex-dividend date was Monday, June 23rd. This represents a dividend yield of 10.92%.

Western Asset High Income Opportunity Fund Company Profile

(Free Report)

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

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

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