Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) Share Price Crosses Below 200 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 Friday . The stock has a 200-day moving average of $8.64 and traded as low as $8.54. Western Asset Inflation-Linked Opportunities & Income Fund shares last traded at $8.57, with a volume of 206,730 shares trading hands.

Western Asset Inflation-Linked Opportunities & Income Fund Price Performance

The business’s 50-day simple moving average is $8.69 and its 200-day simple moving average is $8.64.

Western Asset Inflation-Linked Opportunities & Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 21st will be paid a $0.0605 dividend. The ex-dividend date of this dividend is Friday, February 21st. This represents a $0.73 dividend on an annualized basis and a yield of 8.47%.

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

Several large investors have recently modified their holdings of the company. Clear Creek Financial Management LLC grew its position in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 7.4% in the third quarter. Clear Creek Financial Management LLC now owns 28,900 shares of the investment management company’s stock valued at $255,000 after purchasing an additional 2,000 shares during the last quarter. PFG Investments LLC acquired a new stake in Western Asset Inflation-Linked Opportunities & Income Fund in the 3rd quarter valued at approximately $204,000. Private Advisor Group LLC increased its position in Western Asset Inflation-Linked Opportunities & Income Fund by 40.7% in the 3rd quarter. Private Advisor Group LLC now owns 510,837 shares of the investment management company’s stock worth $4,516,000 after buying an additional 147,718 shares during the period. Sanctuary Advisors LLC acquired a new position in shares of Western Asset Inflation-Linked Opportunities & Income Fund during the second quarter worth approximately $95,000. Finally, Integrated Capital Management Inc. boosted its position in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 7.9% in the third quarter. Integrated Capital Management Inc. now owns 30,295 shares of the investment management company’s stock valued at $268,000 after acquiring an additional 2,210 shares during the period.

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.