Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) Shares Cross Below Two Hundred Day Moving Average – Time to Sell?

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $8.61 and traded as low as $8.48. Western Asset Inflation-Linked Opportunities & Income Fund shares last traded at $8.5050, with a volume of 132,319 shares changing hands.

Western Asset Inflation-Linked Opportunities & Income Fund Stock Up 0.3%

The stock’s 50 day simple moving average is $8.50 and its two-hundred day simple moving average is $8.61.

Western Asset Inflation-Linked Opportunities & Income Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 24th will be given a $0.0625 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 8.8%. The ex-dividend date of this dividend is Monday, August 24th.

Institutional Trading of Western Asset Inflation-Linked Opportunities & Income Fund

A number of institutional investors have recently made changes to their positions in the business. Comerica Bank increased its holdings in Western Asset Inflation-Linked Opportunities & Income Fund by 5.1% during the fourth quarter. Comerica Bank now owns 52,810 shares of the investment management company’s stock worth $454,000 after buying an additional 2,563 shares during the last quarter. Cetera Investment Advisers increased its holdings in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 5.1% in the second quarter. Cetera Investment Advisers now owns 57,614 shares of the investment management company’s stock valued at $505,000 after purchasing an additional 2,804 shares during the last quarter. Uhlmann Price Securities LLC grew its stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 9.6% in the third quarter. Uhlmann Price Securities LLC now owns 35,285 shares of the investment management company’s stock valued at $314,000 after acquiring an additional 3,104 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 3.4% in the fourth quarter. Janney Montgomery Scott LLC now owns 106,945 shares of the investment management company’s stock valued at $919,000 after acquiring an additional 3,512 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 6.9% in the third quarter. Envestnet Asset Management Inc. now owns 56,494 shares of the investment management company’s stock valued at $502,000 after acquiring an additional 3,629 shares in the last quarter.

Western Asset Inflation-Linked Opportunities & Income Fund Company Profile

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE: WIW) is a closed-end management investment company whose primary objective is to provide total return through a combination of income and capital appreciation. The fund achieves this by investing predominantly in inflation-linked debt securities issued by U.S. and foreign governments, government agencies and supranational entities. By focusing on inflation-indexed instruments, the fund seeks to protect purchasing power and offer a potential hedge against rising consumer prices.

The fund typically allocates a substantial portion of its assets to U.S.