Sheaff Brock Investment Advisors LLC Has $233,000 Holdings in Western Asst High Incm Opprtnty Fnd Inc. (HIO)
Sheaff Brock Investment Advisors LLC cut its stake in Western Asst High Incm Opprtnty Fnd Inc. (NYSE:HIO) by 15.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 46,012 shares of the closed-end fund’s stock after selling 8,588 shares during the quarter. Sheaff Brock Investment Advisors LLC’s holdings in Western Asst High Incm Opprtnty Fnd were worth $233,000 at the end of the most recent reporting period.
Separately, Alethea Capital Management LLC lifted its holdings in Western Asst High Incm Opprtnty Fnd by 100.0% in the second quarter. Alethea Capital Management LLC now owns 229,510 shares of the closed-end fund’s stock valued at $1,164,000 after acquiring an additional 114,755 shares during the period.
Western Asst High Incm Opprtnty Fnd Inc. (NYSE HIO) opened at 5.07 on Wednesday. Western Asst High Incm Opprtnty Fnd Inc. has a one year low of $4.68 and a one year high of $5.25. The firm has a 50-day moving average price of $5.11 and a 200-day moving average price of $5.12.
The business also recently disclosed a monthly dividend, which will be paid on Wednesday, November 1st. Shareholders of record on Friday, October 20th will be given a dividend of $0.029 per share. The ex-dividend date of this dividend is Thursday, October 19th. This represents a $0.35 dividend on an annualized basis and a yield of 6.86%.
About Western Asst High Incm Opprtnty Fnd
Western Asset High Income Opportunity Fund Inc is a diversified, closed-end management investment company. The Fund seeks high current income. Capital appreciation is a secondary objective. It invests, under normal market conditions, approximately 80% of its net assets in high-yield securities and over 20% in common stock equivalents, including options, warrants and rights.
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