Commonwealth Equity Services LLC Makes New $78,000 Investment in Western Asset High Income Opportunity Fund Inc. (NYSE:HIO)

Commonwealth Equity Services LLC bought a new stake in shares of Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 19,794 shares of the closed-end fund’s stock, valued at approximately $78,000.

Other hedge funds also recently modified their holdings of the company. Avantax Advisory Services Inc. acquired a new position in Western Asset High Income Opportunity Fund during the fourth quarter valued at $43,000. Independent Advisor Alliance purchased a new position in Western Asset High Income Opportunity Fund during the 4th quarter valued at about $44,000. Jackson Hole Capital Partners LLC acquired a new position in shares of Western Asset High Income Opportunity Fund in the 4th quarter valued at about $54,000. Choreo LLC acquired a new position in shares of Western Asset High Income Opportunity Fund in the 4th quarter valued at about $58,000. Finally, Fourpath Capital Management LLC purchased a new stake in shares of Western Asset High Income Opportunity Fund in the fourth quarter worth approximately $61,000.

Western Asset High Income Opportunity Fund Stock Up 0.1 %

Shares of HIO opened at $3.71 on Friday. The company’s 50 day moving average price is $3.97 and its 200 day moving average price is $3.97. Western Asset High Income Opportunity Fund Inc. has a 52 week low of $3.36 and a 52 week high of $4.15.

Western Asset High Income Opportunity Fund Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th were paid a $0.0355 dividend. This represents a dividend yield of 10.47%. The ex-dividend date of this dividend was Monday, March 24th.

Western Asset High Income Opportunity Fund Company 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.