Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) Stock Price Crosses Above Fifty Day Moving Average – What’s Next?

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW)’s stock price crossed above its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $8.05 and traded as high as $8.08. Western Asset Inflation-Linked Opportunities & Income Fund shares last traded at $8.0550, with a volume of 890,670 shares trading hands.

Western Asset Inflation-Linked Opportunities & Income Fund Stock Up 0.7%

The company has a fifty day moving average price of $8.05 and a 200 day moving average price of $8.38.

Western Asset Inflation-Linked Opportunities & Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, November 30th. Investors of record on Friday, November 20th will be given a dividend of $0.0625 per share. This represents a $0.75 annualized dividend and a yield of 9.3%. The ex-dividend date is Friday, November 20th.

Institutional Trading of Western Asset Inflation-Linked Opportunities & Income Fund

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Integrated Wealth Concepts LLC bought a new position in shares of Western Asset Inflation-Linked Opportunities & Income Fund during the second quarter valued at about $39,000. Capital Investment Advisors LLC grew its stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 24.2% in the third quarter. Capital Investment Advisors LLC now owns 14,154 shares of the investment management company’s stock worth $111,000 after purchasing an additional 2,760 shares during the last quarter. StoneX Group Inc. purchased a new position in Western Asset Inflation-Linked Opportunities & Income Fund during the 3rd quarter valued at about $126,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its holdings in Western Asset Inflation-Linked Opportunities & Income Fund by 8.3% during the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 22,985 shares of the investment management company’s stock valued at $193,000 after purchasing an additional 1,766 shares during the period. Finally, Susquehanna International Group LLP increased its holdings in Western Asset Inflation-Linked Opportunities & Income Fund by 73.3% during the 2nd quarter. Susquehanna International Group LLP now owns 25,619 shares of the investment management company’s stock valued at $215,000 after purchasing an additional 10,837 shares during the period.

About Western Asset Inflation-Linked Opportunities & Income Fund

Western Asset Inflation-Linked Opportunities & Income Fund, Inc (NYSE: WIW) is a closed-end investment fund managed by Western Asset Management Company, an affiliate of Franklin Templeton. The fund seeks to provide current income and preserve purchasing power by investing primarily in inflation-linked securities.

The fund’s portfolio may include U.S. Treasury inflation-protected securities (TIPS), securities issued by other governments and government-related entities, and corporate or other fixed-income investments with inflation-linked characteristics.