Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) Stock Crosses Below 200-Day Moving Average of $8.57

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $8.57 and traded as low as $8.49. Western Asset Inflation-Linked Opportunities & Income Fund shares last traded at $8.51, with a volume of 114,362 shares changing hands.

Western Asset Inflation-Linked Opportunities & Income Fund Price Performance

The stock has a fifty day simple moving average of $8.55 and a two-hundred day simple moving average of $8.57.

Western Asset Inflation-Linked Opportunities & Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, August 30th. Shareholders of record on Friday, August 23rd will be given a dividend of $0.0605 per share. The ex-dividend date of this dividend is Friday, August 23rd. This represents a $0.73 annualized dividend and a yield of 8.53%.

Hedge Funds Weigh In On Western Asset Inflation-Linked Opportunities & Income Fund

Several hedge funds have recently bought and sold shares of the company. International Assets Investment Management LLC boosted its stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 767.0% during the 4th quarter. International Assets Investment Management LLC now owns 7,803 shares of the investment management company’s stock worth $68,000 after purchasing an additional 6,903 shares during the last quarter. RPO LLC acquired a new position in Western Asset Inflation-Linked Opportunities & Income Fund in the 4th quarter worth $87,000. Hartline Investment Corp purchased a new stake in Western Asset Inflation-Linked Opportunities & Income Fund during the 1st quarter worth approximately $94,000. Clear Creek Financial Management LLC bought a new position in Western Asset Inflation-Linked Opportunities & Income Fund during the 4th quarter valued at $95,000. Finally, CTC Alternative Strategies Ltd. acquired a new stake in Western Asset Inflation-Linked Opportunities & Income Fund during the fourth quarter valued at approximately $140,000.

About Western Asset Inflation-Linked Opportunities & Income Fund

Western Asset/Claymore Inflation-Linked Opportunities & Income Fund is a closed-ended fixed income mutual fund launched and managed by Guggenheim Funds Investment Advisors, LLC. It is managed by Western Asset Management Company, Western Asset Management Company Limited, Western Asset Management Company Ltd., and Western Asset Management Company Pte.