Western Asst High Incm Opprtnty Fnd Inc. (HIO) Stake Increased by Citigroup Inc.

Citigroup Inc. lifted its stake in shares of Western Asst High Incm Opprtnty Fnd Inc. (NYSE:HIO) by 1,660.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 279,697 shares of the closed-end fund’s stock after buying an additional 263,809 shares during the quarter. Citigroup Inc.’s holdings in Western Asst High Incm Opprtnty Fnd were worth $1,225,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in HIO. Bramshill Investments LLC grew its position in shares of Western Asst High Incm Opprtnty Fnd by 70.2% during the 3rd quarter. Bramshill Investments LLC now owns 4,609,172 shares of the closed-end fund’s stock worth $22,017,000 after buying an additional 1,901,526 shares during the period. Sit Investment Associates Inc. grew its position in shares of Western Asst High Incm Opprtnty Fnd by 289.3% during the 4th quarter. Sit Investment Associates Inc. now owns 1,028,344 shares of the closed-end fund’s stock worth $4,504,000 after buying an additional 764,185 shares during the period. Tortoise Investment Management LLC acquired a new stake in shares of Western Asst High Incm Opprtnty Fnd during the 4th quarter worth approximately $1,588,000. 6 Meridian acquired a new stake in shares of Western Asst High Incm Opprtnty Fnd during the 4th quarter worth approximately $609,000. Finally, Shaker Financial Services LLC grew its position in shares of Western Asst High Incm Opprtnty Fnd by 275.0% during the 3rd quarter. Shaker Financial Services LLC now owns 178,591 shares of the closed-end fund’s stock worth $850,000 after buying an additional 130,965 shares during the period.

In other Western Asst High Incm Opprtnty Fnd news, major shareholder Saba Capital Management, L.P. purchased 54,643 shares of Western Asst High Incm Opprtnty Fnd stock in a transaction that occurred on Monday, January 14th. The stock was acquired at an average price of $4.67 per share, with a total value of $255,182.81. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In the last three months, insiders purchased 773,385 shares of company stock valued at $3,596,751.

Shares of HIO stock opened at $4.85 on Friday. Western Asst High Incm Opprtnty Fnd Inc. has a 52 week low of $4.14 and a 52 week high of $4.90.

The firm also recently declared a monthly dividend, which will be paid on Monday, June 3rd. Investors of record on Friday, May 24th will be given a $0.029 dividend. This represents a $0.35 annualized dividend and a yield of 7.18%. The ex-dividend date of this dividend is Thursday, May 23rd.

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Western Asst High Incm Opprtnty Fnd 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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Institutional Ownership by Quarter for Western Asst High Incm Opprtnty Fnd (NYSE:HIO)

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