Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) Stock Price Crosses Below 200-Day Moving Average – Time to Sell?

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW)’s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $8.65 and traded as low as $8.54. Western Asset Inflation-Linked Opportunities & Income Fund shares last traded at $8.5450, with a volume of 111,673 shares.

Western Asset Inflation-Linked Opportunities & Income Fund Trading Up 0.3%

The company’s fifty day simple moving average is $8.54 and its 200-day simple moving average is $8.65.

Western Asset Inflation-Linked Opportunities & Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, May 29th. Shareholders of record on Thursday, May 21st will be issued a dividend of $0.0625 per share. This represents a c) annualized dividend and a yield of 8.8%. The ex-dividend date is Thursday, May 21st.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in WIW. Cetera Investment Advisers grew its holdings in Western Asset Inflation-Linked Opportunities & Income Fund by 5.1% during the 2nd quarter. Cetera Investment Advisers now owns 57,614 shares of the investment management company’s stock worth $505,000 after acquiring an additional 2,804 shares in the last quarter. Invesco Ltd. grew its holdings in Western Asset Inflation-Linked Opportunities & Income Fund by 0.8% during the 2nd quarter. Invesco Ltd. now owns 994,948 shares of the investment management company’s stock worth $8,716,000 after acquiring an additional 7,860 shares in the last quarter. First Trust Advisors LP raised its holdings in Western Asset Inflation-Linked Opportunities & Income Fund by 26.4% in the second quarter. First Trust Advisors LP now owns 203,176 shares of the investment management company’s stock worth $1,780,000 after purchasing an additional 42,474 shares in the last quarter. Walleye Capital LLC bought a new position in Western Asset Inflation-Linked Opportunities & Income Fund in the second quarter worth about $126,000. Finally, Raymond James Financial Inc. raised its holdings in Western Asset Inflation-Linked Opportunities & Income Fund by 15.5% in the second quarter. Raymond James Financial Inc. now owns 184,419 shares of the investment management company’s stock worth $1,616,000 after purchasing an additional 24,749 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.