Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) Shares Pass Above Fifty Day Moving Average of $8.56

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW)’s share price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $8.56 and traded as high as $8.62. Western Asset Inflation-Linked Opportunities & Income Fund shares last traded at $8.61, with a volume of 336,744 shares.

Western Asset Inflation-Linked Opportunities & Income Fund Price Performance

The stock’s 50-day moving average price is $8.56 and its 200-day moving average price is $8.51.

Western Asset Inflation-Linked Opportunities & Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, May 31st. Stockholders of record on Thursday, May 23rd will be given a $0.0605 dividend. The ex-dividend date is Wednesday, May 22nd. This represents a $0.73 dividend on an annualized basis and a dividend yield of 8.43%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Ancora Advisors LLC lifted its position in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 103.1% in the 1st quarter. Ancora Advisors LLC now owns 3,700 shares of the investment management company’s stock worth $45,000 after buying an additional 1,878 shares during the last quarter. International Assets Investment Management LLC increased its holdings in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 767.0% in the 4th quarter. International Assets Investment Management LLC now owns 7,803 shares of the investment management company’s stock worth $68,000 after acquiring an additional 6,903 shares during the period. Capital Investment Advisors LLC acquired a new stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund in the 3rd quarter worth about $83,000. RPO LLC acquired a new stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund in the 4th quarter worth about $87,000. Finally, MGO One Seven LLC acquired a new stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund in the 3rd quarter worth about $93,000.

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.