15,649 Shares in Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) Purchased by Sanctuary Advisors LLC

Sanctuary Advisors LLC bought a new stake in shares of Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 15,649 shares of the closed-end fund’s stock, valued at approximately $59,000.

A number of other institutional investors and hedge funds have also made changes to their positions in HIO. Pathway Financial Advisers LLC grew its stake in shares of Western Asset High Income Opportunity Fund by 2.2% in the 2nd quarter. Pathway Financial Advisers LLC now owns 262,557 shares of the closed-end fund’s stock worth $1,000,000 after buying an additional 5,682 shares during the last quarter. Evergreen Capital Management LLC grew its stake in shares of Western Asset High Income Opportunity Fund by 5.9% in the second quarter. Evergreen Capital Management LLC now owns 541,972 shares of the closed-end fund’s stock worth $2,084,000 after acquiring an additional 30,005 shares during the last quarter. Prevail Innovative Wealth Advisors LLC grew its stake in shares of Western Asset High Income Opportunity Fund by 24.3% in the second quarter. Prevail Innovative Wealth Advisors LLC now owns 201,748 shares of the closed-end fund’s stock worth $769,000 after acquiring an additional 39,387 shares during the last quarter. Strategic Financial Concepts LLC bought a new position in shares of Western Asset High Income Opportunity Fund during the second quarter valued at $79,000. Finally, Wolverine Asset Management LLC purchased a new position in shares of Western Asset High Income Opportunity Fund in the 2nd quarter worth about $185,000.

Western Asset High Income Opportunity Fund Price Performance

Shares of HIO stock opened at $4.01 on Tuesday. Western Asset High Income Opportunity Fund Inc. has a one year low of $3.52 and a one year high of $4.07. The company’s 50-day moving average is $3.98 and its 200 day moving average is $3.87.

Western Asset High Income Opportunity Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, November 1st. Stockholders of record on Thursday, October 24th will be issued a dividend of $0.0355 per share. This represents a $0.43 dividend on an annualized basis and a dividend yield of 10.62%. The ex-dividend date is Thursday, October 24th.

About Western Asset High Income Opportunity Fund

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.