Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) Shares Cross Below 200-Day Moving Average – Should You Sell?

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW)’s stock price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $8.63 and traded as low as $8.48. Western Asset Inflation-Linked Opportunities & Income Fund shares last traded at $8.4950, with a volume of 226,670 shares traded.

Western Asset Inflation-Linked Opportunities & Income Fund Price Performance

The firm’s 50 day moving average price is $8.51 and its 200-day moving average price is $8.62.

Western Asset Inflation-Linked Opportunities & Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, May 29th. Investors of record on Thursday, May 21st will be paid a dividend of $0.0625 per share. The ex-dividend date of this dividend is Thursday, May 21st. This represents a c) dividend on an annualized basis and a dividend yield of 8.8%.

Institutional Investors Weigh In On Western Asset Inflation-Linked Opportunities & Income Fund

Several large investors have recently bought and sold shares of WIW. Invesco Ltd. raised its position in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 3.0% during the third quarter. Invesco Ltd. now owns 1,024,485 shares of the investment management company’s stock worth $9,108,000 after purchasing an additional 29,537 shares during the period. PenderFund Capital Management Ltd. lifted its position in Western Asset Inflation-Linked Opportunities & Income Fund by 0.9% during the 4th quarter. PenderFund Capital Management Ltd. now owns 1,015,397 shares of the investment management company’s stock worth $8,722,000 after buying an additional 8,700 shares in the last quarter. Private Advisor Group LLC lifted its position in Western Asset Inflation-Linked Opportunities & Income Fund by 10.7% during the 4th quarter. Private Advisor Group LLC now owns 974,328 shares of the investment management company’s stock worth $8,369,000 after buying an additional 94,162 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 3.5% in the 1st quarter. Bank of America Corp DE now owns 777,957 shares of the investment management company’s stock valued at $6,582,000 after buying an additional 26,325 shares during the last quarter. Finally, LPL Financial LLC boosted its holdings in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 1.4% in the 4th quarter. LPL Financial LLC now owns 738,455 shares of the investment management company’s stock valued at $6,343,000 after buying an additional 9,963 shares during 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.