Thrivent Financial for Lutherans Trims Holdings in Western Asset High Income Opportunity Fund Inc. (NYSE:HIO)

Thrivent Financial for Lutherans trimmed its holdings in shares of Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) by 1.3% in the 4th quarter, Holdings Channel reports. The firm owned 524,334 shares of the closed-end fund’s stock after selling 7,000 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Western Asset High Income Opportunity Fund were worth $2,061,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in HIO. Atria Wealth Solutions Inc. lifted its holdings in Western Asset High Income Opportunity Fund by 3.5% during the 4th quarter. Atria Wealth Solutions Inc. now owns 106,700 shares of the closed-end fund’s stock valued at $419,000 after buying an additional 3,584 shares in the last quarter. Park Avenue Securities LLC grew its stake in Western Asset High Income Opportunity Fund by 32.1% in the 4th quarter. Park Avenue Securities LLC now owns 16,247 shares of the closed-end fund’s stock worth $64,000 after acquiring an additional 3,951 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its position in shares of Western Asset High Income Opportunity Fund by 13.7% during the fourth quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 42,757 shares of the closed-end fund’s stock worth $168,000 after acquiring an additional 5,137 shares during the period. Avantax Advisory Services Inc. bought a new stake in shares of Western Asset High Income Opportunity Fund during the fourth quarter valued at approximately $43,000. Finally, Independent Advisor Alliance purchased a new stake in shares of Western Asset High Income Opportunity Fund in the fourth quarter valued at approximately $44,000.

Western Asset High Income Opportunity Fund Price Performance

Shares of NYSE:HIO opened at $4.00 on Friday. The business’s 50 day moving average is $4.01 and its 200 day moving average is $3.99. Western Asset High Income Opportunity Fund Inc. has a 52-week low of $3.69 and a 52-week high of $4.15.

Western Asset High Income Opportunity Fund Dividend Announcement

The company also recently declared a dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th will be given a dividend of $0.0355 per share. This represents a dividend yield of 10.47%. The ex-dividend date is Monday, March 24th.

Western Asset High Income Opportunity Fund 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.