Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) Shares Cross Below 200-Day Moving Average – What’s Next?

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $8.78 and traded as low as $8.60. Western Asset Inflation-Linked Opportunities & Income Fund shares last traded at $8.6250, with a volume of 210,799 shares.

Western Asset Inflation-Linked Opportunities & Income Fund Trading Up 0.2%

The business’s 50-day moving average price is $8.63 and its 200 day moving average price is $8.78.

Western Asset Inflation-Linked Opportunities & Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 20th will be paid a $0.0625 dividend. This represents a c) dividend on an annualized basis and a yield of 8.7%. The ex-dividend date is Friday, February 20th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Comerica Bank raised its stake in Western Asset Inflation-Linked Opportunities & Income Fund by 5.1% in the fourth quarter. Comerica Bank now owns 52,810 shares of the investment management company’s stock valued at $454,000 after purchasing an additional 2,563 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 5.1% in the 2nd quarter. Cetera Investment Advisers now owns 57,614 shares of the investment management company’s stock worth $505,000 after buying an additional 2,804 shares during the last quarter. Uhlmann Price Securities LLC raised its position in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 9.6% during the 3rd quarter. Uhlmann Price Securities LLC now owns 35,285 shares of the investment management company’s stock valued at $314,000 after buying an additional 3,104 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 6.9% during the 3rd quarter. Envestnet Asset Management Inc. now owns 56,494 shares of the investment management company’s stock worth $502,000 after acquiring an additional 3,629 shares during the last quarter. Finally, TrueMark Investments LLC grew its position in Western Asset Inflation-Linked Opportunities & Income Fund by 2.5% in the fourth quarter. TrueMark Investments LLC now owns 180,960 shares of the investment management company’s stock worth $1,554,000 after acquiring an additional 4,444 shares in the last quarter.

Western Asset Inflation-Linked Opportunities & Income Fund Company Profile

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE: WIW) is a closed-end management investment company whose primary objective is to provide total return through a combination of income and capital appreciation. The fund achieves this by investing predominantly in inflation-linked debt securities issued by U.S. and foreign governments, government agencies and supranational entities. By focusing on inflation-indexed instruments, the fund seeks to protect purchasing power and offer a potential hedge against rising consumer prices.

The fund typically allocates a substantial portion of its assets to U.S.