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

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) crossed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $8.34 and traded as low as $7.83. Western Asset Inflation-Linked Opportunities & Income Fund shares last traded at $7.8550, with a volume of 263,199 shares.

Western Asset Inflation-Linked Opportunities & Income Fund Stock Down 0.2%

The company has a 50 day moving average price of $8.16 and a 200 day moving average price of $8.34.

Western Asset Inflation-Linked Opportunities & Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, November 30th. Stockholders of record on Friday, November 20th will be issued a $0.0625 dividend. This represents a $0.75 annualized dividend and a dividend yield of 9.4%. The ex-dividend date is Friday, November 20th.

Hedge Funds Weigh In On Western Asset Inflation-Linked Opportunities & Income Fund

Hedge funds have recently made changes to their positions in the stock. Integrated Wealth Concepts LLC purchased a new stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund in the 2nd quarter valued at $39,000. Baird Financial Group Inc. grew its holdings in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 3.6% in the second quarter. Baird Financial Group Inc. now owns 576,774 shares of the investment management company’s stock valued at $4,845,000 after purchasing an additional 19,989 shares in the last quarter. HighTower Advisors LLC increased its stake in Western Asset Inflation-Linked Opportunities & Income Fund by 0.3% during the 2nd quarter. HighTower Advisors LLC now owns 491,394 shares of the investment management company’s stock worth $4,128,000 after buying an additional 1,336 shares during the period. Readystate Asset Management LP purchased a new position in Western Asset Inflation-Linked Opportunities & Income Fund in the 2nd quarter valued at approximately $365,000. Finally, Susquehanna International Group LLP grew its stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 73.3% in the second quarter. Susquehanna International Group LLP now owns 25,619 shares of the investment management company’s stock worth $215,000 after acquiring an additional 10,837 shares in the last quarter.

About Western Asset Inflation-Linked Opportunities & Income Fund

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE: WIW) is a publicly traded closed-end investment fund. The fund seeks to provide investors with current income and protection against inflation while pursuing total return through a portfolio of inflation-linked and other fixed-income securities.

Its investments may include U.S. Treasury Inflation-Protected Securities (TIPS), inflation-linked securities issued by governments and companies outside the United States, and other debt instruments.