Invesco Ltd. Sells 208,428 Shares of Western Asset High Income Opportunity Fund Inc. $HIO

Invesco Ltd. cut its stake in Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) by 17.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 996,303 shares of the closed-end fund’s stock after selling 208,428 shares during the quarter. Invesco Ltd.’s holdings in Western Asset High Income Opportunity Fund were worth $3,965,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Oppenheimer & Co. Inc. grew its holdings in Western Asset High Income Opportunity Fund by 8.4% during the first quarter. Oppenheimer & Co. Inc. now owns 74,042 shares of the closed-end fund’s stock worth $295,000 after buying an additional 5,749 shares in the last quarter. Choreo LLC boosted its holdings in Western Asset High Income Opportunity Fund by 30.9% during the 1st quarter. Choreo LLC now owns 19,448 shares of the closed-end fund’s stock worth $77,000 after acquiring an additional 4,593 shares during the last quarter. Atria Wealth Solutions Inc. grew its stake in shares of Western Asset High Income Opportunity Fund by 14.1% in the 1st quarter. Atria Wealth Solutions Inc. now owns 121,700 shares of the closed-end fund’s stock worth $488,000 after acquiring an additional 15,000 shares in the last quarter. First Trust Advisors LP grew its stake in shares of Western Asset High Income Opportunity Fund by 5.4% in the 4th quarter. First Trust Advisors LP now owns 249,631 shares of the closed-end fund’s stock worth $981,000 after acquiring an additional 12,866 shares in the last quarter. Finally, Sigma Planning Corp purchased a new stake in shares of Western Asset High Income Opportunity Fund in the first quarter valued at about $69,000.

Western Asset High Income Opportunity Fund Stock Performance

Western Asset High Income Opportunity Fund stock opened at $3.94 on Friday. Western Asset High Income Opportunity Fund Inc. has a fifty-two week low of $3.36 and a fifty-two week high of $4.15. The firm’s 50-day simple moving average is $3.97 and its 200 day simple moving average is $3.93.

Western Asset High Income Opportunity Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, November 3rd. Stockholders of record on Friday, October 24th will be paid a $0.0355 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 10.8%. The ex-dividend date is Friday, October 24th.

Insider Activity

In other Western Asset High Income Opportunity Fund news, Director Peter Daniel Charles Mason bought 10,000 shares of Western Asset High Income Opportunity Fund stock in a transaction dated Monday, July 14th. The stock was bought at an average cost of $4.02 per share, with a total value of $40,200.00. Following the completion of the acquisition, the director directly owned 10,000 shares in the company, valued at approximately $40,200. The trade was a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

About Western Asset High Income Opportunity Fund

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.