Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) Stock Crosses Below 200 Day Moving Average – Time to Sell?

Shares of Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $8.60 and traded as low as $8.50. Western Asset Inflation-Linked Opportunities & Income Fund shares last traded at $8.55, with a volume of 166,607 shares trading hands.

Western Asset Inflation-Linked Opportunities & Income Fund Stock Up 0.1 %

The stock’s 50 day simple moving average is $8.46 and its two-hundred day simple moving average is $8.60.

Western Asset Inflation-Linked Opportunities & Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 21st will be given a dividend of $0.0605 per share. 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 8.50%.

Hedge Funds Weigh In On Western Asset Inflation-Linked Opportunities & Income Fund

A number of institutional investors have recently bought and sold shares of WIW. Kimelman & Baird LLC purchased a new stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund during the 2nd quarter valued at approximately $27,000. International Assets Investment Management LLC raised its position in Western Asset Inflation-Linked Opportunities & Income Fund by 784.0% in the third quarter. International Assets Investment Management LLC now owns 5,304 shares of the investment management company’s stock valued at $47,000 after purchasing an additional 4,704 shares during the period. Mezzasalma Advisors LLC acquired a new position in shares of Western Asset Inflation-Linked Opportunities & Income Fund in the 4th quarter valued at $88,000. Hara Capital LLC purchased a new position in shares of Western Asset Inflation-Linked Opportunities & Income Fund during the 3rd quarter worth $95,000. Finally, Sanctuary Advisors LLC acquired a new stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund during the 2nd quarter worth about $95,000.

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.