Capital Investment Advisors LLC lowered its holdings in Western Asset High Income Opportunity Fund Inc. (NYSE:HIO – Free Report) by 7.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,115,920 shares of the closed-end fund’s stock after selling 246,064 shares during the period. Capital Investment Advisors LLC’s holdings in Western Asset High Income Opportunity Fund were worth $11,965,000 as of its most recent SEC filing.
Several other large investors have also recently added to or reduced their stakes in HIO. Shaker Financial Services LLC grew its holdings in Western Asset High Income Opportunity Fund by 5.6% in the 3rd quarter. Shaker Financial Services LLC now owns 210,902 shares of the closed-end fund’s stock valued at $817,000 after buying an additional 11,158 shares during the period. Farther Finance Advisors LLC grew its holdings in Western Asset High Income Opportunity Fund by 504.8% in the third quarter. Farther Finance Advisors LLC now owns 7,584 shares of the closed-end fund’s stock valued at $29,000 after purchasing an additional 6,330 shares during the period. Geneos Wealth Management Inc. increased its position in Western Asset High Income Opportunity Fund by 98.0% during the second quarter. Geneos Wealth Management Inc. now owns 23,202 shares of the closed-end fund’s stock worth $92,000 after purchasing an additional 11,481 shares during the last quarter. Jane Street Group LLC increased its position in Western Asset High Income Opportunity Fund by 15.7% during the second quarter. Jane Street Group LLC now owns 40,270 shares of the closed-end fund’s stock worth $160,000 after purchasing an additional 5,462 shares during the last quarter. Finally, First Trust Advisors LP increased its position in Western Asset High Income Opportunity Fund by 13.6% during the second quarter. First Trust Advisors LP now owns 274,670 shares of the closed-end fund’s stock worth $1,093,000 after purchasing an additional 32,846 shares during the last quarter.
Western Asset High Income Opportunity Fund Trading Down 0.3%
Shares of HIO opened at $3.73 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 company’s fifty day moving average is $3.76 and its two-hundred day moving average is $3.87.
Western Asset High Income Opportunity Fund Announces Dividend
About Western Asset High Income Opportunity Fund
Western Asset High Income Opportunity Fund Inc (NYSE: HIO) is a diversified closed-end management investment company that seeks to provide high current income and capital appreciation by investing primarily in high-yield and other fixed-income securities. The Fund’s portfolio is actively managed by Western Asset Management Company, an affiliate of Franklin Templeton, and may include below-investment-grade corporate debt, emerging-market sovereign and corporate bonds, bank loans, mortgage- and asset-backed securities.
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