Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) Shares Sold by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. cut its holdings in shares of Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) by 85.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 73,444 shares of the closed-end fund’s stock after selling 421,517 shares during the period. Landscape Capital Management L.L.C.’s holdings in Western Asset High Income Opportunity Fund were worth $297,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in HIO. Sequoia Financial Advisors LLC acquired a new position in shares of Western Asset High Income Opportunity Fund in the 3rd quarter valued at about $40,000. Litman Gregory Wealth Management LLC purchased a new position in Western Asset High Income Opportunity Fund during the third quarter valued at approximately $57,000. Sanctuary Advisors LLC acquired a new position in Western Asset High Income Opportunity Fund in the second quarter valued at approximately $59,000. Cetera Advisors LLC purchased a new stake in Western Asset High Income Opportunity Fund in the 1st quarter worth approximately $63,000. Finally, Raymond James Trust N.A. grew its stake in shares of Western Asset High Income Opportunity Fund by 23.0% during the 2nd quarter. Raymond James Trust N.A. now owns 18,003 shares of the closed-end fund’s stock worth $69,000 after purchasing an additional 3,361 shares during the period.

Western Asset High Income Opportunity Fund Price Performance

NYSE:HIO opened at $3.95 on Monday. The company has a 50 day moving average price of $3.99 and a 200-day moving average price of $3.90. Western Asset High Income Opportunity Fund Inc. has a 1-year low of $3.69 and a 1-year high of $4.07.

Western Asset High Income Opportunity Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd will be given a $0.0355 dividend. The ex-dividend date is Monday, December 23rd. This represents a $0.43 dividend on an annualized basis and a dividend yield of 10.78%.

Western Asset High Income Opportunity Fund 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.