Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $8.60 and traded as low as $8.53. Western Asset Inflation-Linked Opportunities & Income Fund shares last traded at $8.56, with a volume of 268,576 shares changing hands.

Western Asset Inflation-Linked Opportunities & Income Fund Trading Up 0.2 %

The stock’s 50-day simple moving average is $8.47 and its 200-day simple moving average is $8.60.

Western Asset Inflation-Linked Opportunities & Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 21st will be given a dividend of $0.0605 per share. This represents a $0.73 dividend on an annualized basis and a yield of 8.49%. The ex-dividend date is Friday, February 21st.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Janney Montgomery Scott LLC raised its stake in Western Asset Inflation-Linked Opportunities & Income Fund by 10.0% in the fourth quarter. Janney Montgomery Scott LLC now owns 165,863 shares of the investment management company’s stock valued at $1,372,000 after purchasing an additional 15,133 shares in the last quarter. Park Avenue Securities LLC raised its position in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 4.9% in the 4th quarter. Park Avenue Securities LLC now owns 173,622 shares of the investment management company’s stock valued at $1,436,000 after buying an additional 8,124 shares in the last quarter. Integrated Capital Management Inc. raised its position in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 6.7% in the 4th quarter. Integrated Capital Management Inc. now owns 32,338 shares of the investment management company’s stock valued at $267,000 after buying an additional 2,043 shares in the last quarter. Virtu Financial LLC acquired a new stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund during the 3rd quarter worth approximately $141,000. Finally, Jane Street Group LLC acquired a new stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund during the 3rd quarter worth approximately $98,000.

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.