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 changing hands.

Western Asset Inflation-Linked Opportunities & Income Fund Price Performance

The firm’s 50 day moving average price is $8.63 and its two-hundred day moving average price is $8.78.

Western Asset Inflation-Linked Opportunities & Income Fund Dividend Announcement

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 issued a dividend of $0.0625 per share. The ex-dividend date of this dividend is Friday, February 20th. This represents a c) dividend on an annualized basis and a yield of 8.7%.

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

Several hedge funds have recently made changes to their positions in WIW. Envestnet Asset Management Inc. raised its stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 23.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 52,865 shares of the investment management company’s stock valued at $463,000 after purchasing an additional 9,960 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its position in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 96.8% during the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 21,451 shares of the investment management company’s stock valued at $188,000 after buying an additional 10,551 shares during the period. WealthShield Partners LLC purchased a new stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund in the second quarter worth about $88,000. Cetera Investment Advisers boosted its position in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 5.1% in the second quarter. Cetera Investment Advisers now owns 57,614 shares of the investment management company’s stock valued at $505,000 after acquiring an additional 2,804 shares during the period. Finally, Traub Capital Management LLC bought a new position in shares of Western Asset Inflation-Linked Opportunities & Income Fund in the second quarter valued at approximately $608,000.

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.