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) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-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 traded.

Western Asset Inflation-Linked Opportunities & Income Fund Stock Performance

The firm’s 50 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 company also recently disclosed a monthly dividend, which will be paid on Friday, May 29th. Shareholders of record on Thursday, May 21st will be paid a dividend of $0.0625 per share. This represents a c) annualized dividend and a yield of 8.8%. The ex-dividend date of this dividend is Thursday, May 21st.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. TrueMark Investments LLC boosted its stake in Western Asset Inflation-Linked Opportunities & Income Fund by 2.5% during the fourth quarter. TrueMark Investments LLC now owns 180,960 shares of the investment management company’s stock worth $1,554,000 after buying an additional 4,444 shares during the period. Riverbridge Partners LLC boosted its stake in Western Asset Inflation-Linked Opportunities & Income Fund by 157.8% during the fourth quarter. Riverbridge Partners LLC now owns 235,630 shares of the investment management company’s stock worth $2,024,000 after buying an additional 144,223 shares during the period. Dynamic Advisor Solutions LLC boosted its stake in Western Asset Inflation-Linked Opportunities & Income Fund by 13.4% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 101,624 shares of the investment management company’s stock worth $873,000 after buying an additional 11,978 shares during the period. Ionic Capital Management LLC boosted its stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 7.9% during the third quarter. Ionic Capital Management LLC now owns 156,240 shares of the investment management company’s stock valued at $1,389,000 after purchasing an additional 11,500 shares during the period. Finally, Wakefield Asset Management LLLP boosted its stake in shares of Western Asset Inflation-Linked Opportunities & Income Fund by 2.8% during the third quarter. Wakefield Asset Management LLLP now owns 309,501 shares of the investment management company’s stock valued at $2,751,000 after purchasing an additional 8,563 shares during the period.

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.