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

Sanctuary Advisors LLC bought a new stake in Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) during the second quarter, HoldingsChannel.com reports. The institutional investor bought 15,649 shares of the closed-end fund’s stock, valued at approximately $59,000.

Several other institutional investors and hedge funds have also bought and sold shares of HIO. Allspring Global Investments Holdings LLC increased its position in shares of Western Asset High Income Opportunity Fund by 65.6% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,815,381 shares of the closed-end fund’s stock valued at $6,917,000 after purchasing an additional 719,434 shares during the last quarter. Raymond James & Associates increased its holdings in Western Asset High Income Opportunity Fund by 170.4% during the second quarter. Raymond James & Associates now owns 617,407 shares of the closed-end fund’s stock valued at $2,352,000 after buying an additional 389,067 shares during the last quarter. City of London Investment Management Co. Ltd. raised its position in Western Asset High Income Opportunity Fund by 44.4% in the first quarter. City of London Investment Management Co. Ltd. now owns 1,025,343 shares of the closed-end fund’s stock worth $3,999,000 after acquiring an additional 315,213 shares during the period. Pathway Financial Advisers LLC bought a new position in Western Asset High Income Opportunity Fund in the first quarter worth approximately $1,002,000. Finally, Capital Investment Advisors LLC boosted its stake in shares of Western Asset High Income Opportunity Fund by 3.5% during the 2nd quarter. Capital Investment Advisors LLC now owns 3,274,283 shares of the closed-end fund’s stock worth $12,475,000 after acquiring an additional 112,140 shares during the last quarter.

Western Asset High Income Opportunity Fund Stock Performance

NYSE:HIO 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 business has a fifty day moving average price of $3.98 and a 200-day moving average price of $3.87.

Western Asset High Income Opportunity Fund Announces Dividend

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

Western Asset High Income Opportunity Fund Profile

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.