Raymond James Financial Services Advisors Inc. Boosts Stock Position in Western Asset High Income Opportunity Fund Inc. (NYSE:HIO)

Raymond James Financial Services Advisors Inc. boosted its holdings in shares of Western Asset High Income Opportunity Fund Inc. (NYSE:HIOGet Rating) by 7.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 163,702 shares of the closed-end fund’s stock after purchasing an additional 11,774 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Western Asset High Income Opportunity Fund were worth $602,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Bramshill Investments LLC bought a new stake in Western Asset High Income Opportunity Fund during the 2nd quarter valued at approximately $32,500,000. Capital Investment Advisors LLC raised its stake in Western Asset High Income Opportunity Fund by 6.3% during the 3rd quarter. Capital Investment Advisors LLC now owns 2,348,276 shares of the closed-end fund’s stock valued at $8,642,000 after purchasing an additional 138,256 shares during the period. Guggenheim Capital LLC raised its stake in Western Asset High Income Opportunity Fund by 97.8% during the 1st quarter. Guggenheim Capital LLC now owns 1,863,438 shares of the closed-end fund’s stock valued at $8,330,000 after purchasing an additional 921,132 shares during the period. Bank of America Corp DE raised its stake in Western Asset High Income Opportunity Fund by 6.7% during the 1st quarter. Bank of America Corp DE now owns 1,142,409 shares of the closed-end fund’s stock valued at $5,107,000 after purchasing an additional 71,492 shares during the period. Finally, FCA Corp TX raised its stake in Western Asset High Income Opportunity Fund by 0.7% during the 1st quarter. FCA Corp TX now owns 904,945 shares of the closed-end fund’s stock valued at $4,045,000 after purchasing an additional 5,966 shares during the period.

Western Asset High Income Opportunity Fund Price Performance

Shares of HIO opened at $4.05 on Wednesday. The business’s 50 day moving average is $3.96 and its 200 day moving average is $3.95. Western Asset High Income Opportunity Fund Inc. has a 12-month low of $3.60 and a 12-month high of $4.86.

Western Asset High Income Opportunity Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, February 1st. Shareholders of record on Tuesday, January 24th will be paid a $0.03 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 8.89%. The ex-dividend date is Monday, January 23rd.

Western Asset High Income Opportunity Fund Company Profile

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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.

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Institutional Ownership by Quarter for Western Asset High Income Opportunity Fund (NYSE:HIO)

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