Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) Shares Purchased by RFG Advisory LLC

RFG Advisory LLC grew its holdings in shares of Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) by 1.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 492,947 shares of the closed-end fund’s stock after buying an additional 5,175 shares during the period. RFG Advisory LLC’s holdings in Western Asset High Income Opportunity Fund were worth $1,878,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Weiss Asset Management LP acquired a new stake in shares of Western Asset High Income Opportunity Fund during the fourth quarter worth about $50,000. Cetera Advisors LLC acquired a new stake in shares of Western Asset High Income Opportunity Fund in the 1st quarter worth $63,000. CTC Alternative Strategies Ltd. purchased a new position in Western Asset High Income Opportunity Fund during the fourth quarter worth about $90,000. Quadrature Capital Ltd acquired a new stake in Western Asset High Income Opportunity Fund in the fourth quarter valued at about $99,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its holdings in Western Asset High Income Opportunity Fund by 15.9% in the 4th quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 28,990 shares of the closed-end fund’s stock valued at $112,000 after purchasing an additional 3,967 shares in the last quarter.

Western Asset High Income Opportunity Fund Price Performance

Shares of NYSE HIO traded up $0.01 during trading on Monday, hitting $3.88. 375,712 shares of the company were exchanged, compared to its average volume of 365,525. Western Asset High Income Opportunity Fund Inc. has a 1 year low of $3.52 and a 1 year high of $4.03. The firm’s fifty day moving average price is $3.85 and its 200 day moving average price is $3.86.

Western Asset High Income Opportunity Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 21st will be paid a $0.0355 dividend. This represents a $0.43 annualized dividend and a yield of 10.98%. The ex-dividend date of this dividend is Thursday, November 21st.

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.