Fiera Capital Corp Has $159,000 Position in Western Asset High Income Opportunity Fund Inc. $HIO

Fiera Capital Corp decreased its position in Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) by 91.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 42,967 shares of the closed-end fund’s stock after selling 439,348 shares during the period. Fiera Capital Corp’s holdings in Western Asset High Income Opportunity Fund were worth $159,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Wolverine Asset Management LLC lifted its stake in shares of Western Asset High Income Opportunity Fund by 141.4% during the 4th quarter. Wolverine Asset Management LLC now owns 640,496 shares of the closed-end fund’s stock worth $2,376,000 after buying an additional 375,140 shares during the last quarter. Absolute Investment Advisers LLC acquired a new stake in shares of Western Asset High Income Opportunity Fund during the 4th quarter worth about $1,225,000. Rareview Capital LLC acquired a new position in shares of Western Asset High Income Opportunity Fund in the fourth quarter valued at approximately $2,279,000. Shaker Financial Services LLC grew its position in shares of Western Asset High Income Opportunity Fund by 191.0% in the fourth quarter. Shaker Financial Services LLC now owns 613,763 shares of the closed-end fund’s stock valued at $2,277,000 after purchasing an additional 402,861 shares during the last quarter. Finally, Kanen Wealth Management LLC acquired a new position in shares of Western Asset High Income Opportunity Fund in the first quarter valued at approximately $1,448,000.

Western Asset High Income Opportunity Fund Price Performance

HIO opened at $3.60 on Thursday. Western Asset High Income Opportunity Fund Inc. has a fifty-two week low of $3.52 and a fifty-two week high of $4.05. The stock has a fifty day moving average of $3.65 and a 200-day moving average of $3.70.

Western Asset High Income Opportunity Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Monday, August 24th will be paid a $0.0355 dividend. The ex-dividend date of this dividend is Monday, August 24th. This represents a c) annualized dividend and a dividend yield of 11.8%.

Western Asset High Income Opportunity Fund Company Profile

Western Asset High Income Opportunity Fund Inc (NYSE: HIO) is a diversified closed-end management investment company that seeks to provide high current income and capital appreciation by investing primarily in high-yield and other fixed-income securities. The Fund’s portfolio is actively managed by Western Asset Management Company, an affiliate of Franklin Templeton, and may include below-investment-grade corporate debt, emerging-market sovereign and corporate bonds, bank loans, mortgage- and asset-backed securities.